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08-08-2016 Council Packet
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08-08-2016 Council Packet
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12/16/2016 3:22:34 PM
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R-7 <br /> <br /> <br />SECTION 3 <br />FINANCING AND FUNDING <br /> <br /> <br /> 3.1 FINANCING & FUNDING <br /> <br />The total estimated project costs for Fox Street are below. These estimated costs <br />include contingencies and soft costs (engineering, legal, administration, financing, <br />etc.). <br /> <br />Section A: $ 735,413 <br />Section B: $ 643,545 <br />Section C: $ 418,271 <br /> <br />Since Section B is designated as a State Aid Route, the City may choose to use <br />state aid funds for this project and may advance encumbered funds if desired. <br />Assessments are not proposed for this project. <br /> <br />3.2 PROJECT COST ESTIMATES <br /> <br />The following cost estimates detail the costs for constructing the recommended <br />improvements, in 2016 dollars. No inflation factor has been added for projects <br />possibly constructed in a later year. <br />
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