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`., Project Summaries <br /> Both projects proposed would occur within the city limits of Pequot Lakes. <br /> Government Drive <br /> This project consists of 5 blocks of Government Drive from east Woodman Street on the <br /> south, across County State Aid Highway 11/Main Street to East Grove Street on the <br /> north. The reconstruction consists of storm drainage system, bituminous street with on <br /> street diagonal or 90-degree parking on both sides and concrete curb and gutter and <br /> sidewalks on the east side. <br /> Estimated Costs: <br /> Street Construction $500,000 <br /> Storm Drainage and infiltration basin land acquisition $100,000 <br /> Aesthetic improvements $50,000 <br /> Subtotal $650,000 <br /> Contingencies(10%) $65,000 <br /> Study phase, design engineering phase, and preliminary $71,500 <br /> assessment <br /> Bonding Costs(5%) $36,000 <br /> Construction phase engineering and final assessment(10%)$71,500 <br /> Total Estimated Project Cost $894,000 <br /> Brunes Royce Addition <br /> This project consists of extending city sewer and water infrastructure and street <br /> improvements. The property is currently privately owned. The engineering firm has <br /> estimated the project costs, if distributed between owners based on acreage, is equal to an <br /> assessment of$26,430 per acre(with watermain looping). There is a total of 59 acres in <br /> this development, all privately owned. <br /> Estimated Costs: <br /> Construction(including sanitary sewer, watermain $1,181,339 <br /> (with looping), storm sewer, and 44' F-F street <br /> improvements) <br /> Contingencies(101/6) $118,134 <br /> Subtotal 1,299,473 <br /> Engineering, Legal, Administration(20%) $259,895 <br /> Total Estimated Project Cost $1,559,367 <br /> City of Pequot Lakes Infrastructure Funding <br />