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fte� -- � <br />(1) Based on Wentz's estimate dated 7/8/03. - - <br />(2) $220k -Water Enterprise, $220k-Sewer Enterprise and $625k from Redevel. Bond - Parking Access Control <br />(3) Approved by City Council on June 6, 2003 - <br />(4) City to front costs. Pursue reimburseable from PG &E and SBC - Relocate Joint Trench <br />(5) City to front costs, Developer reimburses City upon obtaining air rights except for Asbestos <br />remediation for the exterior of "Way to Go" Building <br />1 <br />Prepared by: Brian Lee <br />9/17/2003 <br />1 City of Redwood City <br />2:42 PM <br />Downtown Underground Parking Facility <br />2 Level Below Ground -590 Spaces <br />Budget Summary <br />'Description <br />Est. Costs <br />Est. Costs <br />I <br />(Total Project <br />! Redevel. Fund <br />iEnterprise & Other <br />Costs <br />I1.0 <br />CONSTRUCTION COST <br />11.1 <br />Underground Parking Facility (1) <br />$15,730,000 <br />11.2 <br />I Water Line Relocation (2) <br />$85,000 <br />11.3 <br />Sewer Line Relocation (2) <br />$25,000' <br />I j <br />11.4 <br />!Parking Control Equipment (2) <br />$160,000 <br />Subtotal <br />$270,000 <br />'Total Construction <br />$16,000,000 <br />12.0 <br />I SUPPORT COSTS <br />13.0 <br />'Testing and Inspection <br />$200,000! <br />14.0 <br />'Arch. /Engin.Support During Construction <br />i $300,000; <br />5.0 <br />Management Fee <br />5.1 <br />1 5.2 <br />Parking Garage - 3% of ECC <br />$471,900 <br />Storm Drain Box Culvert-3% of ECC <br />$103,007', <br />6.0 <br />City's Permit and Fee <br />$400,000 <br />1 <br />7.0 <br />Design (3) <br />$650,000 <br />Tot Support <br />, <br />$650,000 <br />$2,124.9 <br />Subtotal Construction &Support <br />$17,204,9071 <br />- <br />$18,124,907 <br />8 <br />Contingency <br />$1.000.000 <br />1 <br />Total Const.& Support-Parking Facility <br />$19,124,907 <br />8.0 <br />Reimburseable Costs <br />8.1 <br />PG &E &SBC (4) <br />$300,000 <br />$300,0001 <br />8.2 <br />Asbestos and Demolition (5) <br />$55 <br />$ <br />Subtotal Reimburseable <br />Grand Totals <br />$18,204,907 <br />$1,770,0001 <br />$1 9, 974 ,907 <br />(1) Based on Wentz's estimate dated 7/8/03. - - <br />(2) $220k -Water Enterprise, $220k-Sewer Enterprise and $625k from Redevel. Bond - Parking Access Control <br />(3) Approved by City Council on June 6, 2003 - <br />(4) City to front costs. Pursue reimburseable from PG &E and SBC - Relocate Joint Trench <br />(5) City to front costs, Developer reimburses City upon obtaining air rights except for Asbestos <br />remediation for the exterior of "Way to Go" Building <br />1 <br />Prepared by: Brian Lee <br />9/17/2003 <br />1 City of Redwood City <br />2:42 PM <br />