Bond Cost Breakdown

Here is a breakdown of the bond costs (as reported by Andy Spencer, City Engineer)

50 South
$1,100,000.00

700 N - 900 W Intersection (adds right turn lane)
$97,500.00

700 N - 900 W Intersection (right-of-way purchase)
$300,000.00

1120 North w/o Bridge (extend to 900 West)
$1,920,000.00

Bridge (1120 N.)
$400,000.00

Project engineer
$348,565.60

Contingency (15%)
$572,625.00

Subtotal Road Costs:
$4,166,065.60

Total (including bonding costs)
$4,320,000.00