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Agenda - Council - 04/14/2015
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Agenda - Council - 04/14/2015
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3/17/2025 4:03:34 PM
Creation date
6/11/2015 8:06:04 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/14/2015
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Fire Station #2 Project Budget <br />Construction <br />Data / Telecom wiring <br />Construction contingency <br />$ 3,180,000 <br />$ 50,000 <br />$ 160,000 <br />Total Construction Costs <br />$ 3,390,000 <br />Soft Cos. <br />A/E Fees $ 171,000 <br />Additional CA, weekly meetings and field reports $ 16,000 <br />Reimbursable Expenses $ 6,000 <br />FF&E (Furniture, Fixtures and equipment) $ 160,000 <br />SAC / WAC (sewer and water connection fees) $ 30,000 <br />Plan review fee $ 15,000 <br />Testing (construction) $ 7,000 <br />Bid document printing $ 6,000 <br />Commissioning $ 20,000 <br />General Project Contingency $ 50,000 <br />Total Soft Costs $ 481,000 <br />Sub Total $ 3,871,000 <br />Underwriter & Cost of Bond Issuance <br />Capitalized Interest 2015 (added 1 pmt) <br />Debt Issuance Costs (added underwriter & debt issuance) <br />Rounding (extra) <br />$ 94,640 <br />$ 4,360 <br />Sub Total <br />$ 99,000 <br />Total Project Costs (amount City would bond) $ 3,970,000 <br />STAFF NOTES: <br />Estimated Annual Bond Payments (+5% for tax forfeit properties) $ 293,000 <br />Total Accrued Interest over 20 Years $ 1,490,878.00 <br />
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