Agenda - Council - 01/25/2011 - Laserfiche WebLink

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B. The estimated construction cost of the project (including County furnished materials) is $6,027,162. Federal funds available for the Project are capped at $3,680,800.00 The federal funds shall be split based on the ratio of eligible cost incurred by each party to the total eligible project cost. Eligible costs are the costs of items that can participate in federal funding as shown on Exhibit A. Participation in the construction cost is as follows: A lump sum amount of $450,000 will be paid by the City of Ramsey to Anoka County for the improvements on CSAH 57 (Sunfish Lake Blvd.), which includes engineering and design but does not not include noise walls, or the needed right of way to construct said walls.. This amount is per the Ramsey Town Center Agreement. The remaining work on CSAH 116 will be split per the County standard cost share policy. The amounts below are for CSAH 116 and are based on the standard Anoka County cost share. 1. The City shall pay their share of mobilization and equipment field office as determined using the Engineer's Estimate. The estimated City cost of these items is $19,580 2. The City shall pay their share of the Trail installation. The estimated cost of this item to the city is $39,600 3. The City shall pay their share of the drainage costs. The estimated City cost of this item is $64,314. (66% of the city's share of 26.5%, assumption is that 1/3 of city drainage cost is on CSAH 57 and covered by lump sum stated above). Final percentage is based on State Aid drainage letter. 4. The City shall pay their share of the cost of concrete curb, medians and sidewalks installed on the project. The estimated cost to the City is $36,531. 5. The City shall pay its share of the cost of signals (cost covered in lump sum stated above). 6. The City shall pay its share of the cost of noise walls. The estimated cost is $245,007. This cost is before federal funds are applied. The total estimated cost to the City for the project is summarized below: 1 Mobilization, Field Office $19,580 2 Bituminous removal and muck excavation $0 3 Drainage $64,314 4 Concrete curb, medians, and sidewalks $36,531 5 Signals $ 0 covered in lump sum 6 Noise walls $245,007 Lump sum as stated above for CSAH 57 work $450,000 Total Estimated Share of Construction Cost To The City $815,432 Estimated Federal Funds available to the City $223,169 61.07% estimated Federal participation * $365,432 ( $815,432 - $450,00 lump sum) Total Cost less Federal Funds $592,263