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BOARD00790
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Last modified
8/16/2009 2:54:06 PM
Creation date
10/4/2006 6:44:07 AM
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Template:
Board Meetings
Board Meeting Date
1/12/1998
Description
CF Section - Additional Information on Approved Loans for New Projects - Highland Ditch Company
Board Meetings - Doc Type
Memo
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<br />. <br /> <br />e <br /> <br />- <br /> <br />e <br /> <br />COST ESTIMATE <br /> <br />A summary of the cost estimates for the three alternatives are shown in the following table. <br /> <br />SUMMARY OF ESTIMATED PROJECT COSTS <br />ALTERNATIVE .1 DESIGN I ESTIMATED COST <br /> <br />1 Blanket Drain $ 777,781 <br />2 PVC Liner $ 1,390,766 <br />3 Clay Liner $ 1,348,425 <br /> <br />A more complete breakdown of the costs are shown in the Table 1, 2, and 3 at the end of this <br />report. <br /> <br />THE SELECTED PROJECT <br /> <br />Based on the study conducted at this time, the Company selected Alternative No.2 above with <br />a total estimated project cost of $ 1,390,766. The scope of work required for this alternative is <br />outlined in the section entitled, ALTERNATIVES EVALUATED. A breakdown of the <br />construction costs, engineering fees, legal fees, and contingencies are shown in the following <br />table. <br /> <br />ALTERNATIVE 3 - ESTIMATED COSTS <br />I............... .........................................lTEM.....<........ ............ii.................r..I....YOPINIONOECOS'f.... ..... .....1 <br /> <br />Construction Cost $ 1,069,820.00 <br />Legal Fees & Contingencies $ 149,775.00 <br />Engineering Fees $ 171,171.00 <br /> <br />TOTAL <br /> <br />$ 1,390,766.00 <br /> <br />Foothills Dam- 96.014 <br /> <br />Page 6 <br />
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