Anticipated Construction Costs
Proposition A - $8,440,000
Elementary School Addition (14,667 S.F. x $360/S.F.)……………………………………...............…….…..……..$4,693,440.00
Utility Upgrades for the New Addition………………………………………………………………..............………..………$200,000.00
New Concrete Parking (3,900 S.F. x $16.00/S.F.)………………………………………………..............………….…….…$62,400.00
Renovations to the Existing 5th Grade Wing
(10,890 S.F. x $290/S.F.)………………………………….…………………………………………………………...............….…$1,500,000.00
Contingency Allowance…………………………………..………………………………………………..............……………….…$500,000.00
Subtotal of Construction Cost……………………….…………………………………………...................…………..………$6,955,840.00
Soft Costs
(6% Professional Fees)…………………………………………………………………………………............................…………..$417,350.00
(5% Technology)………………………………………………………………………………….…..............................……...…….….$347,792.00
(7% Furniture)………………………………………………………………………………….……................................…….………...$486,909.00
(2% Material Testing, Survey, Etc.)…………………………………………………...............................…….…………....…..$139,117.00
Total Project Cost………………..……………………….………………………………………….........................….…..….….…$8,347,008.00
Bond Issuance..........................................................................................................................................................................$92,992.00
Total Bond Cost of Proposition A: $8,440,000.00
Proposition B - $5,320,000
Pre-Engineering Building (12,058 S.F. x $290/S.F.)……………………………..............……………………………..$3,496,820.00
Electrical Upgrades (to the existing CTE at High School)
Including connection charges by Power Company……..…………………................………………….……….……….$300,000.00
New Drive & Parking (8300 S.F. x $16/S.F.)……………………………………...............…………………….…..…………$132,800.00
Demolition / Utility Improvements………………………………………………...............……………………….……………$200,000.00
Contingency Allowance…………………………………………………………………................……………………….……….…$250,000.00
Subtotal of Construction Cost……………………….…………....................………………………………………….………$4,379,620.00
Soft Costs
(6% Professional Fees)……………………………………………………..............................……………………………..………..$262,777.00
(5% Technology)………………………………………………….…..............................…………………………….………...……….$218,980.00
(7% Furniture)………………………………………………………………………………...............................….…….…….………...$306,573.00
(2% Material Testing, Survey, Etc.)……………………………………………...............................…….…….…….……....…...$87,592.00
Total Project Cost………………………………………….…………………......................………………………….….……….…$5,255,542.00
Bond Issuance………………………………………….…………………...................................………………………….….……….…$64,458.00
Total Bond Cost of Propo: $5,320,000.00