Evaluation Form Rev. 01-2022
FISCAL IMPACT STATEMENT
PROGRAM: Webster Neighborhood Canal Barricade Project (Along N. Clark St. Between E.
Hammond To E. Floradora Avenues) PW00816-3826
TO
TAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $296,709
Indirect Cost $108,391
TOTAL COST $405,100
A
dditional
Revenue or Savings
Generated
Net City Cost $405,100
A
mount Budgeted
(If none budgeted,
identify source) $524,600
I
ndirect cost consists of the following:
Pr
eliminary Engineering $ 42,000
Construction Engineering $ 36,000
Contingency $ 29,691
Total $108,391
The project is in Council Distric t 7 and is federally funded with Co mmunity Development Block Grant (CDBG).