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Guardian CRM, Inc., the County's Community Development Block Grant consultant for the West <br /> Wabasso Sewer Phase I project, has offered to assist with assembling a new CDBG application. <br /> That assistance includes developing the application and guidance to meet all the requirements <br /> for scoring competitively. The results of the consultant's analysis was reviewed with the CATF at <br /> their meeting held on November 6th, 2014, and a formal recommendation is being submitted to <br /> the BCC as part of the second public hearing for approving grant application, as well as leverage <br /> needed for scoring purposes and affirming that the project is consistent with the local <br /> comprehensive plan. <br /> Funding Consideration <br /> If the Neighborhood Revitalization (NR) CDBG project is given consideration by the Board, some <br /> preliminary estimates of the costs associated with the project should be evaluated. The costs <br /> presented are estimates only for the purposes of grant application. <br /> The engineer's opinion of probable cost for the West Wabasso Phase II sewer project is <br /> approximately $1,026,426.00. The CDBG grant monies, if successful, shall cover $720,000.00 for <br /> capital improvements. The deficit of$ 306,426 will require other sources of funding. Local funds <br /> will also be used for the administration cost of the CDBG grant. <br /> The engineer's opinion of probable cost for the East Gifford drainage project is estimated at <br /> $170,000. The CDBG funds to be used is$30,000.Therefore,a $140,000 delta exists which would <br /> require another funding source from either the County's general storm water improvement fund <br /> or the Optional Sales Tax fund. The following table outlines the project cost and funding sources: <br /> PROJECT PROJECT CDBG OTHER COMMENTS <br /> NAME/ACTIVITY COST FUNDING FUNDING <br /> SOURCE <br /> West Wabasso $1,026,426.00 $ 720,000.00 $306,426.00 The deficit will be funded <br /> Sewer Phase II through Optional Sales <br /> Tax. <br /> East Gifford $ 170,000.00 $ 30,000.00 $140,000.00 Deficit to be funded via <br /> Drainage Project available MSBU funds in <br /> the amount of$19,000 & <br /> the reminder to be <br /> funded through Optional <br /> Sales Tax. <br /> CDBG Grant $ 50,000.00 $ 0.00 $50,000.00 Funded through Utilities <br /> Administration Impact Fees. <br /> TOTAL = $1,246,426.00 $ 750,000.00 $496,426.00 <br /> F:\Utilities\UTILITY-Engineering\Projects-Utility Construction Permits\IRC-West Wabasso Community Sewer System Phase 2-UCP#4117\Admin\BCC Items\BCC <br /> Memo-2nd Public Hearing 5-15-15.docx <br /> 146 <br />