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Agenda - Public Works Committee - 10/16/2018
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Agenda - Public Works Committee - 10/16/2018
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3/14/2025 11:19:26 AM
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10/15/2018 10:54:51 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Public Works Committee
Document Date
10/16/2018
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PROJECT COSTS <br />The 2016 capital expenditure of approximately $2,719,710 for the City's portion of Andrie Street and <br />164th Lane reconstruction and overlay of streets in AEC, Woodland Green and Sunwood Drive is to be <br />funded with $2,865,000 in bond proceeds. <br />Total Issue Sources And Uses <br />Dated 05/01/2016 I Delivered 05/01/2016 <br />Sources Of Funds <br />Par Amount of Bonds <br />Total Sources <br />Street Issue <br />Reconstruction Overlay Summary <br />$2,325,000.00 $540,000.00 $2,865,000.00 <br />$2,325,000.00 $540,000.00 $2,865,000.00 <br />Uses Of Funds <br />Total Underwriter's Discount (1.200%) <br />Costs of Issuance <br />Deposit to Capitalized Interest (CIF) Fund <br />Deposit to Project Construction Fund <br />Rounding Amount <br />Total Uses <br />27,900.00 6,480.00 34,380.00 <br />35,706.80 8,293.20 44,000.00 <br />52,715.00 9,820.42 62,535.42 <br />2,205,105.00 514,605.00 2,719,710.00 <br />3,573.20 801.38 4,374.58 <br />$2,325,000.00 $540,000.00 $2,865,000.00 <br />Ehlers & Associates, Inc. Page 6 <br />
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