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<br />
<br />ESTIMATED COSTS
<br />
<br />Item
<br />
<br />. .
<br />Estimated 'Quantity Estimated Cost
<br />
<br />Bituminous Surfacing
<br />Class V Gravel
<br />Grading & Channel Cleaning
<br />Culvert Cleaning & Culvert Installation
<br />Restoration
<br />
<br />2100 To'n .
<br />3640 Ton
<br />Lump Sum
<br />Lump Sum
<br />Lump Sum
<br />
<br />$ 50,400
<br />18,200
<br />9,000
<br />2,000
<br />9,000
<br />
<br />$ 88,600
<br />
<br />23,000
<br />
<br />$111,600
<br />
<br />Estimated Construction Cost
<br />
<br />Contingencies, Engineering, Administrative & Easements
<br />
<br />ESTIMATED PROJECT COST
<br />
<br />FINANCING AND ASSESSMENT:
<br />.In accordance with the Ci ty of Ramsey's current street as ses sment po 1 icy, the.
<br />proposed improvements are proposed to be financed by special assessments to the
<br />benefiting property on a per unit basis.
<br />
<br />The benefited area is shown on Exhibit A.
<br />
<br />The following table provides a cost summary for the project based on the total
<br />estimated cost, unit cost and annual amortized unit costs projected at 10 percent
<br />interest for a period of 10 years.' .
<br />
<br />COST SUMMARY
<br />
<br />
<br />; .'
<br />
<br />
<br />-....
<br />
<br />--.
<br />Total Cost:
<br />.' .'~. .'
<br />- - . .
<br />Tot~'" Units'
<br />\; . ~_~ . - _,,'" "CC' ~ ".'
<br />
<br />Cos~P.er. Ufli.t.~.>~.
<br />- .-.'-" ...,.~.-.;;~. -',
<br />> . -, ..
<br />Annual Unit Cost
<br />
<br />
<br />..t, ~
<br />
<br />
<br />(10 Years) .:
<br />
<br />
<br />
<br />CONCLUSIONS AND RECOMMENDATIONS:
<br />The proposed impr~v:~~n~s are' feasible'andwill . benefit the area served. It is
<br />recommended that the' Ci ty pro~~~d with . th~~':i'~p~ovements' -- as~ presented~
<br />
<br />.. To ob~a1ci the'~oste~;~;;i ~a ~ hi d,l ~ is recomme~d~d ~hat the -City c~~si der
<br />biddi'nftth~ p~i;jeci~rthother cit/proj~~t~ "~s one contract... ~ac.h pr~j~ct
<br />
<br />_. . ,.....,.?..,.._:,.;".....:.J...~,,<~... . - o~.'- _ .""..... ':" ....' ,..... :. 7'!....~~;. ."
<br />would be separated-';fntir-a separate bid schedule' for assessi ng . . .
<br />" i.., .c....,.-......._..c:..'...';,.,~"'--.:':-::,..,..;.-.:~~:''''.-<h,;-'''.--...>'.:.:.,"':"'c':''''-.,:..,':,.-'~;: ,.... .<,--"'. ~:-,- :-.
<br />
<br />:..,' ,is.also"recommended,tha~~:,the-projectsbebid at lest date
<br />
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