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10.19.21 PWC New Baseline Information 36%, 36%, 28% - No Tree Preservation
<br />City/Grant Fully Fund County Parcel
<br />Area Description
<br />County Parcel
<br />County ROW DRAFT
<br />Pearson Parcel
<br />Bowers Drive Modifications
<br />Total
<br />Project Costs (including ROW)
<br />Cost Allocation
<br />$612,226
<br />$283,000
<br />$979,881
<br />$113,893
<br />$1,989,000
<br />Lineal Footage % City %
<br />1532
<br />0
<br />2452
<br />285
<br />35.89%
<br />0
<br />57.44%
<br />6.68%
<br />4269 100.00%
<br />**Note: utilities not included - paid for by Trunk Fees**
<br />100%
<br />100%
<br />28.0%
<br />100%
<br />Capstone % Pearson%
<br />0
<br />0
<br />36.0% 36.0%
<br />0 0
<br />Sources
<br />of Funds
<br />County Parcel
<br />Pearson Parcel %
<br />Bowers Drive
<br />Total Project %
<br />MnDOT Grant
<br />$612,000
<br />$0
<br />$612,000
<br />30.8%
<br />City Contribution (HRA)
<br />$283,226
<br />$274,367
<br />28.0%
<br />$113,893
<br />$671,486
<br />33.8%
<br />Pearson Contribution
<br />$352,757
<br />36.0%
<br />$352,757
<br />17.7%
<br />Capstone Contribution
<br />$352,757
<br />36.0%
<br />$352,757
<br />17.7%
<br />$895,226
<br />Uses
<br />$979,881
<br />(Project Costs)
<br />100.0%
<br />_�
<br />$1,989,000
<br />100.0%
<br />Portion of Overall Project
<br />35.9%
<br />57.4%
<br />6.7%
<br />100.0%
<br />Road, Trail, Storm
<br />$612,226
<br />$979,881
<br />$113,893
<br />$1,706,000
<br />ROW
<br />$283,000
<br />$283,000
<br />County Parcel + ROW =
<br />$895,226
<br />$979,881
<br />$113,893
<br />$1,989,000
<br />$895,226
<br />Funding Gap
<br />1/3 of funding
<br />gap
<br />Public vs. Private Dollars
<br />Private (Capstone + Pearson)
<br />Public (City + MnDOT)
<br />Capstone / Pearson Agreement *
<br />Private Pearson Parcel Total
<br />$705,514
<br />Party
<br />Assessment Amt
<br />%
<br />Capstone
<br />$239,875
<br />34%
<br />Pearson
<br />$465,639
<br />66%
<br />* Assessment amounts based on lineal footage along Riverdale Drive Pearson and Capstone
<br />Total City Contribution
<br />Total Grant Contribution
<br />ROW Cost Estimate
<br />Project Costs Less County ROW
<br />Difference from 1.26.21
<br />$ 671,486
<br />$ 612,000 $
<br />$ 283,000 $
<br />$ 1,706,000 $
<br />(638,000)
<br />(667,000)
<br />31,000
<br />$705,514
<br />$1,283,486
<br />$1,989,000
<br />35%
<br />65%
<br />
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