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<br /> <br /> <br />ATTACHMENT C <br />CSJ #0016-02-122 <br />District # 14 <br />Code Chart 64 #37950 <br />I-35 Ramps at River Ridge <br />CFDA #20.205 <br />BUDGET ESTIMATE AND SOURCE OF FUNDS <br />The Local Government will participate in the cost of the construction of a southbound entrance ramp <br />on 1-35 at River Ridge. The Local Government's participation is 50% of the cost of this particular <br />improvement and the other 50% will be paid for with federal funds. Reimbursement will be made on <br />an 80% Federal/20% Local cost share to the maximum reimbursable amount of $250,000. The Local <br />Government's estimated participation of this additional work is $250,000 for construction bid items. <br />The State has estimated the project to be as follows: <br />Description Total <br />Estimate <br />Cost Federal <br />Participation State <br />Participation Local <br />Participation <br /> % Cost % Cost % COSt <br />CONSTRUCTION COSTS <br />Construction of <br />southbound entrance <br />ram $500,000 50% $250,000 0% $0 50% $250,000 <br /> <br />Subtotal $500,000 $250,000 $0 $250,000 <br />Direct State Costs <br />(including plan review) $0 0%0 $0 0% $0 0% $0 <br />Indirect State Costs <br />(no local participation <br />required except for <br />service projects) $0 0% $0 0% $0 0% $0 <br />TOTAL $500,000 $250,000 $0 $250,000 <br /> <br />Direct State Cost will not be charged. <br />Local Government's Participation (50%) = $250,000.00 <br />It is further understood that the State will include only those items for the improvements as requested <br />and required by the Local Government. This is an estimate only; final participation amounts will be <br />based on actual charges to the project. <br />AFA-LPAFA ShortGen.doc Page 9 of 9 Revised 07/10/2009