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PRELIMINARY COST ESTIMATE FOR: <br />IST STREET SW (R.D. CARTER ROAD) <br />PROJECT 8836 <br />TOTAL L.F. 5,280 <br />TOTAL ACRES 261.02 <br />1. <br />ENGINEERING <br />$28,820.00 <br />2. <br />CONSTRUCTION <br />$294,947.00 <br />SUB -TOTAL <br />$323,767.00 <br />3. <br />ADMINISTRATION <br />$9,822.38 <br />3.03378% OF ENGINEERING <br />& CONSTRUCTION <br />4. <br />RIGHT-OF-WAY <br />$59,273.70 <br />5. <br />UTILITY RELOCATION <br />$13,522.00 <br />SUB -TOTAL. <br />$406,385.08 <br />5. <br />10% CONTINGENCY <br />$40,638.51 <br />TOTAL COST OF PROJECT <br />$447,023.59 <br />50% TO BE PAID BY THE COUNTY $223,511.80 <br />50% TO BE PAID BY PROPERTY OWNERS $223,511.79 <br />2% TAX COLLECTOR'S FEE $4,470.24 <br />TOTAL $227,982.03 <br />COST PER ACRE <br />Director Davis added they had recently learned that some of <br />the FP&L poles are in the existing right-of-way, so utility <br />relocation cost probably can be eliminated. If those two costs are <br />deleted, the assessment could be reduced to $770 per acre. He <br />explained in detail how the 261 acre benefitted area was defined. <br />The Chairman opened the public hearing and asked if anyone <br />wished to be heard in this matter. <br />William C. Wodtke, Jr., 6325.1st Street S.W., advised that the <br />original estimated assessment for a 10 -acre property was between <br />;$2,500 and $3,000. After 8 years of frustration, the estimate was <br />19 <br />October 24, 1995 <br />BOOK 96 03 <br />