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Agenda - Council Work Session - 01/17/2012
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Agenda - Council Work Session - 01/17/2012
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3/18/2025 12:04:25 PM
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1/12/2012 4:34:18 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
01/17/2012
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RIVERDALE DRIVE EXTENSION PROJECT <br />Total Project Costs <br />$ 1,568,000.00 <br />Cooperative Agreement Grant <br />$ 702,000.00 <br />Subtotal <br />$ 866,000.00 <br />ROW Deductions <br />$ 150,000.00 <br />Subtotal <br />$ 716,000.00 <br />Sanitary Utility <br />$ 623,600.00 <br />Water Utility <br />$ 175,500.00 <br />Storm Utility <br />$ 155,000.00 <br />Outstanding Obligations <br />$ 385,500.00 <br />GRAVITY UTILITY EXTENSION PROJECT <br />Total Project Costs <br />$ 1,101,100.00 <br />Sanitary Utility <br />$ 110,500.00 <br />Water Utility <br />$ 175,500.00 <br />Storm Utility <br />$ 169,000.00 <br />Assessments <br />$ 22,500.00 <br />Subtotal <br />$ 623,600.00 <br />LRIP Grant <br />$ 500,000.00 <br />Outstanding Obligations <br />$ 123,600.00 <br />TOTAL OUTSTANDING MINIMUM OBLIGATION <br />TOTAL OUTSTANDING MAXIMUM OBLIGATION <br />Maximum estimated City contribution <br />$ 509,100.00 <br />$ 1,009,100.00 <br />Potential funding options for the remaining obligation include MSA and/or street reconstruction initiative <br />Completing the project in this way would have a completely rebuilt frontage road from Armstrong to Traprock <br />
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