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,I <br /> I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />6.0 <br /> <br />As previously discussed, the proposed Trunk Storm Sewer System will be <br />connected to an existing 42-inch storm sewer system along Sunfish Lake <br />Boulevard. As designed, the District discharges 18cfs to the 42-inch pipe during <br />the 10-year event. <br /> <br />ESTIMATED COSTS <br /> <br />The estimated project costs presented herein reflect the construction, easement <br />and overhead costs. Construction costs are estimated contract amounts for the <br />actual construction. Easement costs include providing a 20-foot permanent <br />drainage easement along the entire length of the Trunk Storm Sewer System. It <br />was assumed that temporary construction easements would be provided at no <br />cost. If easements cannot be obtained through negotiation, eminent domain will <br />be required. The cost of condemnation is not included in the cost presented <br />below, and would increase the necessary tax to finance the project. Overhead <br />costs include, but are not limited to, engineering, construction staking and <br />inspection, administrative service, legal, and contingency. Overhead costs for <br />the project are estimated based on percentages of construction cost. Those <br />percentages are estimated to be as follows: <br /> <br />· <br /> <br />· <br /> <br />· <br /> <br />· <br /> <br />Engineering 8% <br /> <br />Staking & Inspection 6% <br /> <br />Bonding & Legal 1% <br /> <br />City Staff Administration 5% <br /> <br />Contingencies 5% <br /> <br />The estimated cost of construction plus overhead and easements are shown <br />below in Table 1. <br /> <br />TABLE I <br /> <br />ESTIMATED TOTAL PROJECT COST <br /> <br />· Construction Cost $272,700 <br />· Construction Overhead Cost (25%) $68,200 <br /> Estimated Construction Cost <br /> <br />$340,900 <br /> <br />· Easement Cost $50,200 <br /> <br />Total Project Cost $391,100 <br /> <br />In projecting the estimated costs of construction, data from projects constructed <br />in the metropolitan area over the last several years and a working knowledge of <br />be construction activity in the area were used. These costs are expressed in <br />current dollars. <br /> <br />Page 3 <br />\WaO l ~Shared Docs\Municipal~ARAMSEY~417~a417FSR.doc <br /> <br /> <br />