Agenda - Council - 03/09/1993 - Laserfiche WebLink

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TABLE 1 ESTIMATED PROJECT g92-20 COSTS Bituminous Paving Class V Base Course Shaping and Grading Culverts Tuff Restoration 450 tons @ $25/ton 1050 tons @ $6/ton Lump Sum 4 each @ $300 each 1.5 acres @ $1,500/acre $11,250 6,300 6,000 1,200 2,250 Estimated Construction Cost $27,000 Overhead Costs @ 30% Construction Cost 8,100 Total Project Cost $35,100 As indicated above, the cost of right-of-way acquisition has also been included in this project cost. Based upon awards for similar right-of-way acquisition on previous City projects, it is estimated that $3,500 should be allocated for compensation due to fight-of-way acquisition. It is anticipated that the necessary fight-of-way will be obtained through negotiation and the above amount does not anticipate nor therefore include the cost of eminent domain procedures for acquiring the property. TABLE 2 ESTIMATED PROJECT g92-23 COSTS Bituminous Paving 375 tons @ $25/ton $9,375 Class V Base Course 620 tons @ $6/ton 3,720 Shaping and Grading Lump Sum 6,000 Bituminous Removal 700 Sq. Yd. @ .50/Yd. 350 Culverts 6 each @ $300 each 1,800 Tuff Restoration .75 acres @ $1,500/acre 1,12~ Estimated Construction Cost Overhead Costs @ 30% Construction Cost Land A~uisition Total Project Cost $22,370 6,711 $32,581 FINANCING PROJECT #92-20 Exhibit A identifies seven properties which originally were determined to receive direct benefit from this project_ Parcels 2, 4, and 7 contain existing residences which have their vehicular access onto Bison Street N.W., either directly or by easement. Parcels 1 and 3 currently have no habitable residences, but could obtain building permits unless they were combined with an adjacent lot. Parcels 5 and 6 are comer lots of the Dellwood Hills subdivision having frontage on both 3