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<br />2
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<br />• Pioneer Park and Thunder Bay / Westwinds Trail Replacement (Separate Parks Project)
<br />PROJECT COSTS, FUNDING AND ASSESSMENTS
<br />The estimated overall project costs for 2024 Street Improvements Project is shown in the itemized
<br />table below:
<br />
<br />Location
<br />Final Plan
<br />Estimated
<br />Construction
<br />Cost
<br />10%
<br />Contingency
<br />Indirect
<br />Costs
<br />Engineering,
<br />Geo,
<br />Appraisals
<br />Current
<br />Estimated
<br />Total
<br />Project
<br />Cost
<br />
<br />Country Drive (2024-PW43)
<br />Streets (2024-PW43) $479,685 $47,969 $131,913 $659,567
<br />Sanitary & Water (2024-PW43) $3,550 $355 $976 $4,881
<br />Storm Sewer (2024-Storm 01) $144,730 $14,473 $39,801 $199,004
<br />Subtotal – Country Drive $627,965 $62,797 $172,690 $863,452
<br />
<br />Jackson Street (2024-PW42)
<br />Streets (2024-PW42) $234,399 $23,440 $64,460 $322,298
<br />Sanitary & Water (2024-PW42) $15,650 $1,565 $4,304 $21,519
<br />Storm Sewer (2024-Storm 11) $25,474 $2,547 $7,005 $35,027
<br />Subtotal – Jackson Street $275,523 $27,552 $75,769 $378,843
<br />
<br />MNNR Railroad Ditch Cleaning (2024-Storm 10)
<br />Drainage Improvements (2024-Storm 10) $74,870 $7,487 $20,589 $102,946
<br />Subtotal – MNNR Railroad Ditch Cleaning $74,870 $7,487 $20,589 $102,946
<br />
<br />Park Trail Replacement (2024-Parks 29, 2024-Parks 37)
<br />Trail Improvements (2024-Parks 29 & Parks 37) $137,588 $13,759 $37,837 $189,183
<br />Subtotal – Park Trail Replacement $137,588 $13,759 $37,837 $189,183
<br />
<br />Totals – Project $1,115,945 $111,595 $306,885 $1,534,424
<br />
<br />SOURCE OF FUNDS:
<br />Street improvements will be funded through the City’s Infrastructure Capital Improvement Fund and
<br />special assessments. Street-related project costs are assessed to abutting properties on rehabilitation
<br />and reconstruction projects in accordance with the City’s Special Assessment Policy. Water and
<br />sewer improvements would be funded through the City’s Infrastructure Capital Improvement Fund.
<br />Storm sewer and ditch cleaning improvement would be funded through the City’s Stormwater Fund.
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