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5.2 SCDP Application - Force Main Project
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10-03-2022 City Council Meeting
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5.2 SCDP Application - Force Main Project
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Small Cities Development Program Application <br /> APPLICANT: City of Pequot Lakes <br /> Federal Objective/Goals/Budget Form <br /> Fed.Obj. Activity #of SCDP SCDP Total SCDP Total Total Source of Totals <br /> Codes* units/goal Cost Per Cost/ SCDP Admin % SCDP Leveraged Leveraged <br /> s unit without Admin Costs Resources Funds <br /> admin (Mark(c)if <br /> funds are <br /> committed**.) <br /> Public Facility <br /> LMA Improvements 1 580,000 580,000 3,040,000 PFA 3,620,000 <br /> Public Faciites <br /> Admin 1 20,000 20,000 3.4% 20,000 <br /> Totals 580,000 20,000 0 3,040,000 _ 3,640,000 <br /> Note: Column G, SCDP Admin%, is the maximum percentage amount that can be drawn on a project(address) based on total SCDP <br /> project costs. For example, Mrs.Jones' house gets rehabilitated at a total cost of$20,000 and admin is 14%.The most that can be <br /> drawn for admin is$2,800. SCDP understands that the budget page is an estimate of average SCDP costs per unit.The admin allowed <br /> to be drawn is based on actual total SCDP project costs. <br /> Page 21 of 72 <br />
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