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<br />CSJ #0914-33-032 . 125. <br />District # 14 - Austin <br />Code Chart 64 #37950 <br />Sessom Drive in San Marcos <br /> <br />I <br /> <br />ATTACHMENT C <br /> <br />Project Budget Estimate and Source of Funds <br /> <br />The Local Government will participate in the cost of the intersection, signal and bicycle/pedestrian <br />improvements on Sessom Drive in San Marcos. Based on the funding Category 4A, the Local <br />Government's participation is 50% of the cost of this particular improvement and the other 50% will <br />be paid for with federal funds up to the Federal authorized amount of $775,000. The Local <br />Government's estimated participation of this additional work is $775,000, including design, <br />construction items, and engineering and contingencies. The State has estimated the project to be as <br />follows: <br /> <br />Description <br /> <br />Total <br />Estimate <br />Cost <br /> <br />Local <br />Partici ation <br />% Cost <br /> <br /> <br /> <br />Design & Construction of $1,550,000 50% $775,000 0% <br />Intersection, Traffic <br />Signal and <br />- cycle/Pedestria n <br />rovements <br />Subtotal <br /> $46,500 0 0% <br /> <br />$ 0.00 50% <br /> <br />$775,000 <br /> <br /> <br /> <br /> <br />$775,000 <br />100% $46,500 <br /> <br />TOTAL <br /> <br />$1,596,500 <br /> <br />$775,000 <br /> <br />$0 <br /> <br />$821,500 <br /> <br />Direct State Cost will be based on actual charges. <br /> <br />Local Government's Participation (50%) = $775,000 <br />Administration Costs (3% of Total Estimate Cost) - $46,500 <br /> <br />This is an estimate only; final participation amounts will be based on actual charges to the project. <br /> <br />I <br /> <br />Page 7 of 7 <br />