FISCAL IMPACT STATEMENT
P
ROGRAM: PEACH AVENUE WIDENING FROM BUTLER TO FLORENCE
AVENUES (PHASE 1) Inv No. 12301971 209900035
TO
TAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Dir
ect Cost $ 4,809,694
I
ndirect Cost $ 2,609,160
TO
TAL COST $ 7,418,854
A
dditional
Revenue or Savings
Generated $0
Ne
t City Cost $ 7,418,854__
A
mount Budgeted
(If none budgeted,
identify source) $ 5,141,500__
P
reliminary Engineering $ 809,367
Right of Way $ 175,336
Construction of Utilities $ 847,788
Construction Engineering $ 295,700
Contingency $ 480,969
Total $ 2,609,160
The Peach Avenue Widening from Butler Avenue to Flor ence Avenue (Phase1) Project is located in Counc il District 5. The overall cost of the project is $7,418,854 and is funded by Measure “ C”, local developer im pact fees, and a small c ontribution from Fresno Metro Flood Contr ol District for dis trict related facilities improvements.
Out of the overall budget, $4,809,694 will be allocated for the construction contract award. All funds required for the contract award are included in the current fiscal year budget, as previously adopted by the Council. The project will have no im pact on the General Funds.