|
Attachment A
<br />Project 10-02
<br />Dale Street Reconstruction
<br />Project Financing Summary
<br />Feasibility ReportFinal Cost
<br />Reconstruction $ 956,396.65$ 565,745.39
<br />1
<br />Sidewalk Cost$ 97,493.78$ 42,803.56
<br />2
<br />Storm sewer$ 156,950.67$ 152,702.05
<br />3
<br />Watermain$ 403,587.44$ 163,134.37
<br />4
<br />Sanitary Sewer$ 26,905.83$ 4,943.89
<br />5
<br />Total Construction Cost$ 1,641,334.37$ 929,329.26
<br />6
<br />7
<br />Engineering*$ 247,543.72$ 140,844.34
<br />8
<br />Percent of construction15%15%
<br />9
<br />10
<br />Total Project Cost
<br />$ 1,888,878.09$ 1,070,173.60
<br />11
<br />12
<br />Summary of Non-assessable costs
<br />13
<br />10 ton street cost$ 369,483.36$ 113,149.08
<br />14
<br />Sidewalk Cost$ 108,705.56$ 42,803.56
<br />15
<br />Storm sewer$ 175,000.00$ 152,072.05
<br />16
<br />Watermain$ 450,000.00$ 163,134.37
<br />17
<br />Sanitary Sewer$ 30,000.00$ 4,943.89
<br />18
<br />19
<br />Total Non- assessable costs$ 1,133,188.92$ 476,102.95
<br />20
<br />*Engineering cost estimates included in feasibility report totals
<br />21
<br />22
<br />Summary of Assessment Calculations
<br />23
<br />$ 755,689.17$ 594,070.65
<br />Assessable Cost
<br />24
<br />Assessment Rate$ 48.66$ 38.25
<br />25
<br />Total Assessable Frontage 3,882.73 3,882.73
<br />26
<br />27
<br />Total Special Assessments
<br />$ 188,922.29$148,517.66
<br />28
<br />29
<br />Project Financing Summary
<br />30
<br />General Fund (Engineering costs)$ 185,657.79$ 105,633.25
<br />31
<br />Municipal State Aid Funds$ 1,034,298.01$ 647,944.42
<br />32
<br />Sanitary Sewer$ 30,000.00$ 4,943.89
<br />33
<br />$ 450,000.00$ 163,134.37
<br />Watermain
<br />34
<br />Special Assessments$ 188,922.29$ 148,517.66
<br />35
<br />Total
<br />$ 1,888,878.09$ 1,070,173.60
<br />36
<br />
<br />
|