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Mr. Christopher J. Kafer, Jr., PE <br /> 3/14/07 <br /> Page 2 of 2 <br /> C-10 <br /> Mill Pe endicular to Lane 2 x 34 ' = 68 ' x $ 10 . 00 = $ 680. 00 <br /> Overla 1 " Thick As halt 35 ' x 34 ' / 9 = 132 s x $5 .00 = $ 660.00 <br /> Restri in $ 250. 00 <br /> Total $ 1 ,590. 00 <br /> Please note; we have confirmed that the locations are in areas where no curb exists. As such, milling <br /> adjacent to curbing is not necessary and as such has been excluded for these estimates. <br /> Total Construction Estimate $6,620 . Lo <br /> Add Contingencies ( 15 %) $ 993 ao <br /> Subtotal VM3 .Q0 <br /> Add 25% for Performance Bond $ 1 ,903 . " <br /> Total $9,516. 25 <br /> The above-described amount is to be provided to Indian River County in order for Indian River County <br /> to be comfortable with accepting the paving on 21st Street SW at the above-described locations in lieu <br /> of further repairs. <br /> I need to know immediately if this cost estimate is acceptable and the procedure for providing said <br /> funds to the County. Shelby Homes, Inc. wants to provide the funds to Indian River County <br /> immediately in order that the Certificate of Completion for Millstone Landing — Phase I may be issued. <br /> Sincerely yours, <br /> TELLER & MOLER INC, <br /> Stephen E. Moler, PE <br /> Vice President <br /> SEMcab <br /> cc: Jack Short, Shelby Homes, Ine. <br /> Steve High, Shelby Homes, Inc. <br /> Bill Fersch, Masteller & Moler, Inc. <br /> Lary Beecher, Masteller & Moler, Inc. <br /> File 40345HS <br /> Orce_kafer_2Ig Street SW funds_031407.doc) <br /> R, <br /> IW <br />