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Budget Impact <br />The estimated total project cost and funding sources based on the final plans and specifications <br />are summarized below. <br />Total As -Bid EXDenses <br />Construction: <br />$ 2,238,418.15 <br />Engineering Feasibility & Design: $ <br />213,457.00 <br />Construction Mgmt: <br />$ <br />128.299.00 <br />Gen Admin & Legal: <br />$ <br />8,775.08 <br />Material Testing: <br />$ <br />30,000.00 <br />Const. Contingency: <br />$ <br />223,841.82 <br />Total Project Cost: <br />$ 2,842,791.05 <br />Proposed project funding sources are a combination of the City's Permanent Improvement <br />Revolving (PIR) fund, utility funds, special assessments, the Rice Creek Watershed District <br />Stormwater Grant and Ramsey County for street and utility improvements summarized in the <br />following table: <br />Total Estimated Fundin <br />PIR Fund: <br />$ 1,010,113 <br />Special Assessments: <br />$ <br />718,176 <br />Water Utility: <br />$ <br />260,304 <br />Sanitary Sewer Utility: <br />$ <br />177,548 <br />Surface Water Utility: <br />$ <br />581,233 <br />RCWD Stormwater Grant: <br />$ <br />70,000 <br />Ramsev Countv (Surface Water): <br />$ <br />25,417 <br />TOTAL FUNDING: $ 2,842,791 <br />Attachments <br />Attachment A: Plat - Briarknoll <br />Attachment B: Proposed Assessment Roll — 1370 Colleen Ave <br />Attachment C: Resolution 2024-026 <br />Page 3 of 3 <br />