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Exhibit E
<br />Cost Share Framework (From Adopted Resolution 21-185)
<br />Approved Framework 10.26.21 Res. #21-185 Solving for 350K Tree Preservation with HRA and PIR Funding
<br />City/Grant Fully Funding County Parcel Project Costs (including ROW)
<br />Area Description
<br />County Parcel
<br />County ROW DRAFT
<br />Pearson Parcel
<br />Bowers Drive Modifications
<br />Total
<br />Cost Allocation Lineal Footage % City % Capstone % Pearson%
<br />$612,226
<br />$283,000
<br />$979,881
<br />$113,893
<br />$1,989,000
<br />"Note: utilities not Included - paid for by Trunk Fees..
<br />1532 35.89%
<br />0 0
<br />2452 57.44%
<br />285 6.68%
<br />4269 100.00%
<br />100% 0 0
<br />100%
<br />52.5% 0.0% 47.5%
<br />100% 0 0
<br />Sources
<br />of Funds
<br />County Parcel
<br />Pearson Parcel %
<br />Bowers Drive
<br />Total Project %
<br />MnDOT Grant
<br />µ ,pJ}
<br />$0
<br />$612,000
<br />30.8%
<br />City Contribution (HRA)
<br />$283,226
<br />;a'54,2}2 ;
<br />52.5%
<br />$113,893
<br />$911,361 I
<br />45.8%
<br />Pearson Contribution
<br />$465,639
<br />47.5%
<br />$465,639
<br />23.4%
<br />Capstone Contribution
<br />$0 : ;= 0.0%
<br />$0
<br />0.0%
<br />$895,226
<br />$979,881 t 100.0%
<br />$1,989,000
<br />100.0%
<br />Uses
<br />(Project Costs)
<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 $0
<br />1/3 of funding
<br />gap
<br />$0.00
<br />Public vs. Private Dollars
<br />Private (Capstone + Pearson)
<br />Public (City+ MnDOT)
<br />Capstone / Pearson Agreement*
<br />Private Pearson Parcel Total
<br />Party
<br />Assessment Amt
<br />%
<br />Capstone
<br />$239,875
<br />34%
<br />$465,639
<br />Pearson
<br />$465,639
<br />66%
<br />* Assessment amounts based on lineal footage along Riverdale Drive Pearson and Capstone
<br />Capstone Tree Preservation Credit (Pearson)
<br />Additional City Contribution (to Capstone)
<br />Tree Preservation Reconcilliation
<br />$ 239,875 HRA
<br />$ 110,125 PIR
<br />$ 350,000
<br />Difference from 1.26.21
<br />Total City Contribution.. $ 911,361 $235,841
<br />Total Grant Contribution $ 612,000 $ (638,000)
<br />ROW Cost Estimate $ 283,000 $ (667,000)
<br />Project Costs Less County ROW $ 1,706,000 $ 31,000
<br />•' This Includes 350 K Tree Preservation
<br />$465,639 23%
<br />$1,523,361 77%
<br />$1,989,000
<br />'r Capston ;Assessment
<br />Payment to Capstone
<br />OY7
<br />Note: Final Cost -Share Framework shall be based on Resolution 21-185. This attachment is for
<br />reference only.
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