Laserfiche WebLink
I Hakanson Anderson Associates, Inc. <br /> <br />I <br />I <br /> <br /> engineers and sur~,e)'ors <br />222 Monroe Street <br />.4noka, Minnesota 55303 612/427.5860 <br />March 29, 1985 <br /> <br />I <br />I <br /> <br />Ms. Jeanne Haapala <br />Chief City Accountant <br />City of Ramsey <br />15153 Nowthen Boulevard N.W. <br />Ramsey, MN 55303 <br /> <br />1 <br />! <br /> <br />Re: Revised Project Extension on 1984 Series II Bond Issue <br /> <br />Dear Jeanne: <br /> <br />I have updated the project extension on the 1984 Series II bond issue <br />to reflect change orders to date and updated revenue sources (MSAS and <br />A1 Peterson). <br /> <br />As shown on Schedule ~2, the sub-total of the construction costs <br /> <br />(including overhead) is $1,832,912.50. <br />as follows: <br /> <br />Bond Funds <br />MSAS <br />A1 Peterson <br /> Total Revenues: <br /> <br />Revenue <br /> <br />The total of the revenues are <br /> <br />$1,733,000 <br />186,225 <br />4,275 <br />$1,923,500 <br /> <br />The difference between the revenues and construction costs (including <br />overhead) is $90,587.50. In addition to the $90,507.50 surplus, there <br />is $73,619.50 in the miscellaneous fund for testing and contingencies. <br />The estimated cost of the construction for the sewer and water exten- <br />sions to the Oxbow Addition (Food & Fuel development) as shown on <br />Change Order No. 3 is $65,188.00. By adding 25 percent for overhead, <br />the total construction cost is $81,485.00. Therefore, it appears that <br />there are adequate funds to cover Change Order No. 3. <br /> <br />Please review the project extensions and let me know if you have any <br />questions. <br /> <br />Sincerely, <br /> <br />HAKANSON ANDERSON ASSOCIATES, INC. <br /> <br />I Peter R. Raatikka, P.E. <br /> Enclosure <br /> cc: Lloyd Schnelle, City Admin. <br />IFile: RA6:15-4 <br /> <br /> civil · munic~al a p~nnit~g · soils · ~ndsu~ing <br /> <br /> <br />