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<br /> e e <br /> PRELIMINARY ESTIMA TIED CONSTRUCTION COSTS <br /> A preliminary construction cost estimate for the project, including a 20% <br /> contingency is approximately $3,224,861. This preliminary cost estimate does <br /> not include any utility relocation costs or right-of-way acquisition costs. Of the <br /> total estimated amount, $269,074 has been calculated to be the City's level of <br /> participation in conjunction with, 1) the third additional lane eastbound and <br /> westbound, 2) the right turn lane eastbound at SH 146, and 3) the upgrade from <br /> span-wire to mast-arms for the signal at 16th Street. It is staff's opinion that items <br /> 2 and 3 should be included as part of the County's participation for this project <br /> and we will work toward that with County staff. Item 2 is estimated to cost <br /> $20,000 and item 3 is estimated to cost 32,000. Final participation by the City <br /> will be formalized and identified within the Interlocal Agreement which is being <br /> drafted by the County. <br /> Page 5 of 5 <br />