Laserfiche WebLink
MEMORANDUM <br />DATE: March 1, 2002 <br />TO: Mike Morrison, City Manager <br />FROM: Roger Larson, Finance Director <br />ITEM: CENTRAL PARK CONSTUCTION COSTS <br />In May of 2001, the Central Park project was upgraded from $1,600,000 project to <br />$2,300,000. <br />A review of the costs was as follows: <br />Hard Costs: <br />Construction/Pavilion $1,975,950 <br />Soft Costs: <br />Engineering 324,050 <br />$2,300,000 <br />On February 19, 2002, bids were opened for the park shelter buildings. Combined with <br />the construction cost of the park (approved in August) the total costs are at $2,645,100 <br />A summary of the costs is as follows: <br />Hard Costs: <br />Construction/Park Building $2,142,959 <br />Soft Costs: <br />Engineering $ 324,050 <br />Environmental Clean-up: <br />Hard/Soft costs: 178,091 <br />$2,645,100 <br />The enhancement of costs from the original $2.3 million budget includes: 1) the Central <br />Park building came in at $453,097 (increase of $167,009) and; 2) Environmental clean-up <br />costs totaling $178,091 were added to the project. <br />