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PEE 15 '91 10:06 T.K.D.R. & RSSOC. <br />P.3 <br />Honorable Mayor and City Council <br />Lake Elmo, Minnesota <br />February 14, 1991 <br />Page Two <br />2. Estimated Project Cost A. &= <br />Estimated Construction Cost $146,700 $ 0 $146,700 <br />Estimated Engineering (18%*) 26,300 2,700 29,000 <br />EsthuuW Right-of.way 5,0000 5 <br />Total Estimated Streets $178,000 $2,700 $180,700 <br />B. Route C -with VFW B Igleld Pond <br />Alley to Laverne <br />$ 0 <br />$10,200 <br />$10,200 <br />33rd and Laverne - Txunk <br />22,450 <br />22,450 <br />44,900 <br />33rd and Laverne - Catch. Basis <br />12,900 <br />0 <br />12,900 <br />Laverne to RR Culvert <br />80,750 <br />242,250 <br />323,000 <br />CSAH 17 Crossing <br />0 <br />16,400 <br />1.6,400 <br />36th and Layton <br />0 <br />6,500 <br />6,500 <br />Old Village Bitching <br />0 <br />11,600 <br />11,600 <br />Total Cost Route C wit}] Pond 118 6Q(! MUM 435 500 <br />Total Street, Drainage and Ponding $296,600 $319,660 $616,200 <br />3. Preliminary ]Financing Plan - Storm Sewer Route C - with VFW Ballfield <br />Street Construction $146,700 <br />Storm Sewer - Route C - with Pond 279,600 <br />Engineering, Legal, Administrative 84,900 <br />Easements 15,000 <br />Right-of-way 2= <br />Total Project Cost 616,200 <br />Less MSA Construction Funds-296,600 <br />Less MSA Maintenance Funds .42 IM <br />Amount to be Assessed $277,300 <br />