|
�• `� �� �
<br /> Fiscal Impacts
<br /> Funds in excess of $274,767.88 were appropriated in the 1996/1997 Capitai
<br /> Improvement Program budget and are reimbursable from Transportation Grants. The
<br /> final cost for the Jefferson Avenue Underpass Project is shown below.
<br /> Grant Funds Budgeted Amount Spent Savings Percentage
<br /> Right of Way Acquistion $1,200,000.00 $1,147,201.77 $52,798.23 7.85%
<br /> Design Engineering $1,050,000.00 $1,026,635.24 $23,364.76 7.02%
<br /> Construction $11,225,000.00 $10,808,913.25 $416,086.75 73.92%
<br /> Construction Enginee�ing $1,278,500.00 $1,228,598.42 $49,901.58 8.40%
<br /> Totals $14,753,500.00 $14,211,348.66 $542,151.32 97.19%
<br /> City Funds
<br /> Design $100,000.00 $90,083.00 $9,917.00 0.62%
<br /> Construction $509,000.00 $320,835.00 $188,165.00 2.19%
<br /> Totals $609,000.00 $410,918.00 $198,082.00 2.81 %
<br /> Grand Totals $15,362,500.00 $14,622,266.68 $740,233.32 100.00%
<br /> There was a total savings of $740,233.32 for the Jefferson Avenue Underpass Project,
<br /> of which $542,151.32 will be returned to the SMCTA to fund other transportation
<br /> projects in the County. The balance of $198,082 will be returned to the City's Capital
<br /> Improvement Program budget.
<br /> . ,�� _ � ,
<br /> ���ii �� � ��,
<br /> Brian Lee el atterson Ed Everett
<br /> Senior Civil Engineer anager, Engineering & Construction City Manager
<br /> BLss �
<br /> s/library/reports/bnan/ACCEPTANCE StockpileMaple
<br /> �
<br />
|