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<br />Sylvan Beach Shoreline Protection and Beach Renourishment Project <br />Project Funding <br />January 29, 2008 <br /> <br />TOTAL ESTIMATED PROJECT COST <br />Engineer's Estimate for Construction 2,800,000 <br />Project Administration 100,000 <br />Possible Amenities (Le. liqhtinq, landscapinq, etc.) 300,000 <br />Projected Total Cost of the Project $ 3,200,000.00 <br /> <br />CITY SHARE OF FUNDING IDENTIFIED, TO DATE <br />Harris County Precinct 2 562,586 <br />Hotel/Motel Fund 120,600 <br />Sylvan Beach Pier Excess Escrow Funds 111,397 <br />Total Funding of City Share, to Date 794,583 <br />City Funding Shortfall on Committed Funds -330,589 <br /> <br />FUNDING SOURCES COMMITTED <br />Texas General Land Office (CEPRA funds) 1,400,000 <br />Proiect Partner (Citv of La Porte) 1,125,172 <br />Total Committed Funds 2,525,172 <br /> <br />POSSIBLE ADDITIONAL FUNDING SOURCES <br /> <br />Coastal Impact Assistance Program (ClAP), Harris County <br />Share. Judge Emmett has verbally committed to support; <br />TIRZ Funding. Preliminary Commitment to reimburse City of <br />La Porte share, including Harris County Precinct 2 share <br />4B Fund - possible source for existing City of La Porte <br />(Projected Total Cost of Project, minus Funding Sources <br />Committed, plus City's Committed Shortfall) <br /> <br />1,800,000 <br /> <br />1,125,172 <br />330,589 <br /> <br />1,005,417 <br />