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The summary of estimated cost of construction plus overhead and easements <br />are shown below in Tabte 1. <br /> <br /> TABLE 1 <br />OPTION 1, .PAVED STREET <br /> <br />SUMMARY OF ESTIMATED TOTAL PROJECT COST <br /> <br />· Street Construction Cost $18I ,245 <br />· Storm Drainage Construction Cost $(,,9-4~,) <br />· Water Construction Cost $ ~ <br />· Sanitary Sewer Construction Cost $ 75,675 <br />· Total Construction Cost $434,374 <br /> <br />· Construction Overhead Cost (33%) $ 143,343 <br /> Estimated Construction Cost <br /> ROW & Easement Cost <br /> (.95 Acres@ $ 40,000/Acre) <br /> <br />$ 577,717 <br /> $ 38,OOO <br /> <br />Total Project Cost $615,717 <br /> <br />In projecting the estimated costs of constructionl data from projects constructed <br />in the metropolitan area over the last several years and a working knowledge of <br />the construction activit~ in the area were used. These costs are expressed in <br />current dollars. <br /> TABLE 1 <br /> oPTIoN 2, GRAVEL STREET <br /> <br />SUMMARY OF ESTIMATED TOTAL PROJECT COST <br /> <br />· Street Construction Cost <br />· Storm Drainage Construction Cost <br />· Water Construction Cost <br />· Sanitary Sewer Construction Cost <br /> <br />· Total Construction Cost <br /> <br />$101,878 <br /> $141,385 <br /> $ 83,299 <br /> $ 75,675 <br /> <br />$4O2,237 <br /> <br />· Construction Overhead Cost (33%) <br /> Estimated Construction Cost <br />· ROW & Easement Cost <br /> (.95 Acres@ $ 40,000/Acre) <br /> <br />$ 132,738 <br /> <br />$ 534,975 <br /> $ 38,OO0 <br /> <br />Total Project Cost' $572,975 <br /> <br />Page 7 <br />G;!MunicipalkARAMS EY\633\RA833FSR.doc <br /> <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />i <br /> <br />I <br />I <br />I <br /> <br />I! <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />