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RESOLUTION NO. 2004- 090 <br />Attachment A <br />Indian River County's contribution that will serve the CVS distribution facility <br />The following project budget shows all funds that will be provided for this project, including <br />$1,500,000 in County funds. <br />Table 1: Project Costs <br />CDBG Budget Line Item <br />CDBG <br />County <br />CVS <br />ME, <br />Total <br />Building and related <br />$ - <br />$ - <br />$60,000,000 <br />$60,000,000 <br />Streets (paving and drainage <br />$488,217 <br />$1,305,932 <br />$ - <br />$1,794,149 <br />Water Facilities <br />$113,049 <br />$39,110 <br />$ <br />ME, <br />$ 152,159 <br />Sewer Facilities <br />$ 98,734 <br />$9,990 <br />$108,724 <br />Subtotal <br />$-,100,000 <br />Administrative Cost <br />$ 50,000 <br />$ - <br />$ - <br />1$50,000 <br />Engineering Cost <br />$ - <br />$144,968 <br />$ - <br />111$144,968 <br />Total Project Cost* <br />1$750,000 <br />$1,500,000 <br />$60,000,000 <br />$62,250,000 <br />*The cost of providing the infrastructure is estimated at $2,250,000. The County will pay for $1.5 <br />million of this amount, while CDBG-ED funds will pay for the remaining $750,000. Also, CVS will <br />construct its facility at a cost of $60 million. <br />FACommunity Development\Users\CDBG\2004 ED\County Documents\Final\Committment Resolution for CDBG Project.doc <br />