Laserfiche WebLink
<br />E. Cost Estimates <br />Table VI-3 presents an estimate of the construction and construction services costs <br />associated with the selected alternatives for the project as well as the requested <br />loan amount from the CWCB. The financial program is presented in Section F. The <br />cost of the feasibility study is $10,000. Half of the feasibility study cost is grant <br />funded by CWCB. <br /> Table VI-2 <br /> Project Implementation Schedule <br /> Date Action <br />January 2003 Submit feasibility study to CWCB <br />February 2003 Begin final design <br />May 2003 Finalize design <br />June 2003 Submit plans and specifications for SEO review <br />September 2003 Complete plans and specifications with SEO changes <br />September 2003 Advertise and Bid <br />October 2003 Begin construction <br />May 2004 Complete construction <br /> Table VI-3 <br /> Summary of Project Costs <br /> Description Estimated Cost <br />Construction of New Outlet Works Inc. $289,500 <br />20 % cont. <br />Spillway Improvements $40,000 <br />Construction Management Services 30,000 <br />Total Construction Costs $359,500.00 <br />Design Engineering $30,000 <br />Feasibility Study $5,000 <br />Total Capital Expenses $394,500 <br />CWCB Loan Amount $360,000 <br />CWCB 1 % Fee $3,600 <br />CWCB Net Loan Amount $356,400 <br />F. Financial Program <br />The total estimated cost of the project is $400,000 and 74% of the shares in the <br />SSRC are owned by farmers/ranchers who use the water for agricultural <br />purposes. The CWCB agricultural loan rate would apply to these shareholders. <br /> 28 <br />