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FEASIBILITY REPORT <br />WATERMAIN IMPR. 76•-1 <br />CITY OF LITTLE CANADA <br />- <br />1 <br />LOCATTON: <br />Australian Avenue from Lake Shore to east end:. <br />INITIATION: <br />Peti tion <br />ztF <br />STATUS OF PLANS: <br />None <br />h' <br />EASEMENTS: <br />Existi n`g <br />. FEASIBILITY: <br />Because it is necessary to connect to the <br />r <br />mai n 12" trunk 1 i ne and repair Lake Shore <br />.,..�. <br />Avenue, the cost of this 6 watermain is <br />higher than average.' <br />In addition to the higher cost the property. <br />- <br />facing Lake Shore Avenuewas assessed under <br />{` a. <br />a previous improvement thereby reducing the <br />- <br />amount of frontage along Australian Avenue <br />+" <br />which in turn creates a higher than average <br />front footage cost. <br />{ <br />On its own, this project is not feasible from <br />", t' <br />a cost standpoint. <br />} <br />'FINANCING: <br />Estimated Costs <br />r• <br />Construction Cost. l 5,150.00 <br />r : ►;. <br />Contingency. . . .' . . .1,500.:00 <br />l.ega l . . . . . . . . . . . . . . . . 300.00' <br />1: <br />Fiscal . . . . . . . . . . . . . . .300.00"` <br />/Administration . . . . . . . . .. . .150.00=' <br />Engineering. . . .2,200.00 <br />Capital Interest . . . . . . . . .1 ,600.00 <br />` f l <br />i <br />GRAND TOTAL . $21 ,?00.00_ <br />Clerk's exhibit np3 <br />t <br />meeting ?- 14r 76 <br />,f <br />Original on file under <br />Improvements. <br />1d <br />