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<br /> I <br /> .. A drainage permit will be required from the Minnesota Department of Transportation allowing <br /> storm water runoff to be formally directed toward the I-35W right-of-way. In addition, plans will <br /> I be submitted to the Rice Creek Watershed District to determine if a permit will be required. <br /> I ESTIMATED COSTS <br /> I The estimated construction and project costs for Options 1 and 3 to improve Round Lake Road <br /> I West are provided in the following tables. Option 2 has been discounted as not being feasible and <br /> therefore, no costs have been estimated for it. <br /> I The estimated construction costs are based on actual bids taken this year on Tiller Lane and on <br /> I projects in surrounding communities. Estimated costs for recycling the existing pavement area <br /> based on data received from Ramsey County based on projects completed in 1991 and planned in <br /> I 1992. <br /> , The estimated project costs include overhead costs equal to 32 % of the construction cost as <br /> I detailed by the City's Assessment Manual. This overhead cost includes City Administration, <br /> engineering design, construction inspection and staking, fiscal and legal costs. <br /> I <br /> I TABLE 1 <br /> ESTIMATED PROJECT COST <br /> I OPTION 1 - RECONSTRUCTION OF ROUND LAKE ROAD WEST <br /> Estimated Street Improvement Cost $253,700 <br /> I Estimated Storm Sewer Cost 125.300 <br /> I Estimated Construction Cost $279,000 <br /> Administration, Engineering, Fiscal (32 %) 189.300 <br /> Estimated Total Project Cost $368,300 <br /> 9 <br /> I <br />