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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 /> I <br /> I <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 through IV show the estimated project <br />costs for sanitary sewer, watermain, storm sewer and streets. <br /> <br /> TABLE I <br />FLINTWOOD HILLS 2ND ADDITION - PHASE II <br /> SANITARY SEWER LATERALS <br /> ESTIMATED COSTS <br /> <br />Construction Costs <br /> <br />Construction Overhead (30%) <br /> <br />Total Estimated Project <br /> <br />Cost for Laterals <br /> <br />$60,000.00 <br /> <br /> 181000.00 <br /> <br />$78,000 <br /> <br /> TABLE II <br />FLINTWOOD HILLS 2ND ADDITION - PHASE II <br /> WATERMAIN LATERALS <br /> ESTIMATED COSTS <br /> <br />Construction Costs <br /> <br />Construction Overhead (30%) <br /> <br />Total Estimated Project <br /> <br />Cost for Laterals - <br /> <br />$69,000 <br />20,700 <br /> <br />$89,700 <br /> <br />7 <br /> <br /> <br />