RTIF REIMBURSEMENT ESTIMATE
for City of Bakersfield Date: 5-13-2026
Job No: 3286
Prepared By: LGH
Item No. Item Description Qty Unit Contractor Unit $ Item $ Street Improvements East Panama Lane Sta 10+00 to Sta 26+13.80 12' Wide Eastbound Lane (19,356 sf)
1. A.C. Paving (0.45') 655 tns $82.00 $53,710
2. Aggregate Base (0.75') 538 cy $40.00 $21,520
3. Compacted Native (1.00') 717 cy $11.75 $8,425
Right Turn Lane (3,300 sf)
4. A.C. Paving (0.45') 112 tns $82.00 $9,184
5. Aggregate Base (0.75') 92 cy $40.00 $3,680
6. Compacted Native (1.00') 132 cy $11.75 $1,551
Dual Left Turn Lane (12,573 sf)
7. A.C. Paving (0.45') 424 tns $82.00 $34,768
8. Aggregate Base (.75') 349 cy $40.00 $13,960
9. Compacted Native (1.00') 466 cy $11.75 $5,476
Miscellaneous
10. Median Curb 1226 lf $18.97 $23,257
SUBTOTAL COSTS $175,530
Fees
11. Engineering Fees (5% Costs) $8,777
12. Construction Admin, Staking, Testing (8% Costs) $14,042 SUBTOTAL FEES $22,819
TOTAL $198,349
RTIF FEE CREDIT AVAILABLE B258 Panama Lane
From South Union Avenue to Cottonwood Road 1.00 miles, 2 lanes funded, 2 Lane Miles, $291,657.50 per Lane Mile Tract 6712 Phases 1 & 2 from Sta 10+00.00 to Sta 26+13.80 = 0.306 Lane Miles * $291,657.50/Lane Mile = $89,143.35
NOTES: 1. This is an Estimate for RTIF Reimbursement Agreement
2. Contractor Unit Costs Provided By Bowman Asphalt and CVC Construction Prepared by Porter & Associates, Inc.
4733 Centennial Plaza Way, Suite A
Bakersfield, CA 93312
TRACT NO. 6712 Phases 1 & 2 - Summit Capital Ventures, Inc.
EXHIBIT "A"
5/13/2026
Exhibit C
G:\GROUPDAT\TIF\Credit Agreements\T6712\EXHIBIT C.docx
The following tracts will receive a Transportation Impact Fee credit (not to exceed $89,143.35) for improvements constructed on East Panama Lane to full ½ width on the eastbound lane between west tract boundary of Tract 6712 and east tract boundary of Tract 6712:
Tract 7405 Phase 2
Tract 7405 Phase 3