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I <br /> I <br /> I <br /> I <br /> 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 /> <br />to be as follows: <br /> <br />- Engineering 8% <br /> <br />- Staking & Inspection 7% <br /> <br />- Bonding & Legal 1% * <br /> <br />- City Staff Administration 5% * <br /> <br />- Contingencies 5% <br /> <br />- Interest During Construction 4% * <br /> <br />· Not included in MSA funded portion of the project <br /> <br />Interest during construction or capitalized interest was based on <br />a construction period of six (6) months and an annual interest <br />rate of eight percent (8%). If the construction period is <br />changed, this cost will be adjusted. <br /> <br />The estimated cost of construction plus overhead are shown as the <br />estimated project cost. <br /> <br />The following Tables I and II show the estimated project costs <br /> <br />for storm sewer and streets. <br /> <br /> TABLE I <br />STORM SEWER <br />ESTIMATED COSTS <br /> <br />MSA <br />Share <br /> <br />Construction Costs <br />Overhead Costs <br />Total Estimated Project <br />Cost for Storm Sewer <br /> <br />$11,000 <br /> 21200 <br />$13,200 <br /> <br /> TABLE II <br />STREET CONSTRUCTION <br />ESTIMATED COSTS <br /> <br />Construction Costs <br />Overhead Costs (20%) <br />Right of Way Costs <br />Total Estimated Project <br />Cost for Street Construction <br /> <br />Assessed <br /> Cost <br /> <br />$15,000 <br /> 4~500 <br />$19,500 <br /> <br /> Totals <br /> <br />$26,000 <br /> 6,700 <br />$32,700 <br /> <br />$196,000 <br /> 39,200 <br /> 51000 <br /> <br />$240,200 <br /> <br />4 <br /> <br /> <br />