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Res 2013-071/Approving a draft advance funding agreement for Voluntary Utility Relocation Contributions for the State's installation of a new 12 inch water main connection with the upgrade of FM 2439 from Centerpoint Rd to Posey Rd.
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Res 2013-071/Approving a draft advance funding agreement for Voluntary Utility Relocation Contributions for the State's installation of a new 12 inch water main connection with the upgrade of FM 2439 from Centerpoint Rd to Posey Rd.
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6/28/2013 4:02:14 PM
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5/21/2013 10:20:58 AM
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Resolutions
City Clerk - Type
Approving
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2013-71
Date
5/21/2013
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CSJ # 2293 -01 -023 <br />RCSJ # 2293 -01 -026 <br />District # 14 - Austin <br />Code Chart 64 # 37950 <br />Project: FM 2439 Centerpoint Rd to <br />Posey Road <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 />$800,000 (Construction Bid Items) + $48,000 (Construction Oversight) = $848,000 <br />Less Betterment Amount Due from Utility <br />$0 <br />Amount of total utility relocation Costs <br />$848,000 <br />Estimated Amount Eligible for Reimbursement <br />(Calculated eligibility Ratio -- 0 %) <br />$0 <br />Amount of Utility Adjustment Due from Utility <br />$848,000 <br />Estimated amount to be included in Construction Agreement <br />A. Betterment $ 0.00 <br />B. Utility Adjustment <br />$848,000 <br />GRAND TOTAL $848,000 <br />Betterment Ratio Calculation <br />Estimated Betterment Costs -- 0.00 -- <br />Betterment Calculation: <br />Total Costs of Betterment (Estimated) - $ 0.00 <br />Total Costs of Project (Estimated) - 848 000.00 <br />Betterment Percentage for final cost determination: 0.0% 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 />Item A: <br />Item B: <br />AFA— AFA_Utility Page 1 of 1 Attachment B <br />
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