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Res 2020-085/approving an Advanced Funding Agreement with the State of Texas, acting through the Texas Department of Transportation (CSJ No. 0016-02-149) for the Water and Electric Utility Relocation project from Interstate Highway 35 from North of River
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Res 2020-085/approving an Advanced Funding Agreement with the State of Texas, acting through the Texas Department of Transportation (CSJ No. 0016-02-149) for the Water and Electric Utility Relocation project from Interstate Highway 35 from North of River
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5/8/2020 10:19:43 AM
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Agreement
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2020-85
Date
4/21/2020
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DocuSign Envelope ID: 54099DA3-ABOB-466D-9937-AB1644FODAB2 <br />CSJ # 0016-02-149 <br />ROW CSJ #0016-02-159 <br />District # 14 — Austin <br />U#14931 <br />Code Chart 64 # 37950 <br />Project: IH35 from North of River Ridge <br />Parkway to Loop 82 <br />ATTACHMENT B <br />ESTIMATED UTILITY COSTS <br />Based on various calculations, following are those amounts due and payable for Utility's costs <br />associated with this project. <br />Total Estimated Costs <br />$ 555,400.00 <br />Less Betterment Amount Due from Utility <br />$ 555,400.00 <br />Amount of total utility relocation Costs <br />$ 555,400.00 <br />Estimated Amount Eligible for Reimbursement <br />(Calculated eligibility Ratio — 100%) <br />$ 0.00 <br />Amount of Utility Adjustment Due from Utility <br />$ 555,400.00 <br />Estimated amount to be included in Construction Agreement <br />A. Betterment <br />B. Utility Adjustment <br />Eel MA kit A III tel re1 <br />Betterment Ratio Calculation <br />Estimated Betterment Costs <br />1. New Waterline & Electric crossing <br />Betterment Calculation: <br />Total Costs of Betterment (Estimated) <br />Total Costs of Project (Estimated) <br />$ 555,400.00 <br />$ 0.00 <br />$ 555,400.00 <br />$ 555,400.00 <br />- $ 555,400.00 <br />Betterment Percentage for final cost determination: 100% of final cost of relocation <br />Determination of Betterment - Comparison of estimated cost to replace "as is" <br />versus estimated costs associated with the betterment. <br />AFA Utility Page 1 of 2 Attachment B <br />
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