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2016-092 Resolution
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2016-092 Resolution
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8/14/2017 10:42:41 AM
Creation date
10/3/2016 1:37:10 PM
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North Olmsted Legislation
Legislation Number
2016-092
Legislation Date
9/20/2016
Year
2016
Legislation Title
Butternut Ridge Road Grant
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1.0 Project Financial Information (All Costs Rounded to Nearest Dollar) <br />1.1 Project Estimated Costs <br />Engineering Services <br />Preliminary Design: 44,695 .00 <br />Final Design: 44,543 .00 <br />Construction Administration: 24,746 .00 <br />Total Engineering Services: <br />a.) <br />113,984 <br />.00 9 % <br />Right of Way: <br />b.) <br />.00 <br />Construction: <br />c,) <br />1,304,751 <br />.00 <br />Materials Purchased Directly: <br />d.) <br />.00 <br />Permits, Advertising, Legal: <br />e.) <br />790 <br />.00 <br />Construction Contingencies: <br />f.) <br />130,475 <br />.00 10 % <br />Total Estimated Costs: <br />g.) <br />1,550,000 <br />.00 <br />1.2 Project Financial Resources <br />Local Resources <br />Local In -Kind or Force Account: <br />a.) <br />.00 <br />Local Revenues: <br />b.) <br />930,000 <br />.00 <br />Other Public Revenues: <br />c.) <br />.00 <br />ODOT / FHWA PID: <br />d.) <br />.00 <br />USDA Rural Development: <br />e.) <br />.00 <br />OEPA/ OWDA: <br />f.) <br />.00 <br />CDBG: <br />g.) <br />.00 <br />County Entitlement or Community Dev. "Formula" <br />E] Department of Development <br />Other: <br />h.) <br />.00 <br />Subtotal Local Resources: <br />i.) <br />930,000 <br />.00 60 % <br />OPWC Funds (Check all requested and enterAmount) <br />Grant: 50 % of OPWC Funds j.) 310,000 .00 <br />Loan: 50 % of OPWC Funds k.) 310,000 .00 <br />Loan Assistance / Credit Enhancement: I.) 0 .00 <br />Subtotal OPWC Funds: m.) 620,000 .00 40 % <br />Total Financial Resources: n.) 1,550,000 .00 100 <br />Form OPWC0001 Rev. 8.11 Page 2 of 6 <br />
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