Palo Alto City Council
March 3, 2025

Kone Five-Year Costs Summary
Site Name Street Equipment Cost Center 2024-2025
Monthly Price
CIVIC CENTER 250 Hamilton Avenue 4 Passenger Elevators 50030004 $ 1,214.00 BRYANT STREET GARAGE 445 Bryant Street 2 Passenger Elevators 50236001 $ 670.00 HIGH STREET GARAGE 528 High Street 1 Passenger Elevator 50236001 $ 165.00 WEBSTER STREET GARAGE 520 Webster Street 2 Passenger Elevators 50236001 $ 670.00 RINCONADA LIBRARY 1213 Newell Road 1 Dumb Waiter 50030004 $ 26.00 CUBBERLEY WING I 4000 Middlefield Road 1 Passenger Elevator 50030006 $ 165.00 MITCHELL PARK LIBRARY 3700 Middlefield Road 2 Passenger Elevators 50030008 $ 712.00 ART CENTER 1313 Newell Road 1 Chair Lift 50030008 $ 26.00 LOT Q GARAGE 430 High Street 1 Passenger Elevator 50236001 $ 304.00 SHERMAN AVENUE GARAGE 350 Sherman Avenue 2 Passenger Elevators 50237001 $ 1,338.00 FIRE STATION 3 799 Embarcadero Road 1 Passenger Elevator 50030004 $ 215.00 DOWNTOWN COMMUNITY CENTER 445 Bryant Street 1 Passenger Elevator 50030004 $ 229.00 Monthly Cost $ 5,734.00
Annual Costs $ 68,808.00
Annual Additional Service Costs $ 60,000.00
Total Annual Costs $ 128,808.00
Total Five-Year Contract Costs $ 672,686.28
2025-2026
Monthly Price
2026-2027
Monthly Price
2027-2028
Monthly Price
2028-2029
Monthly Price
$ 1,262.56 $ 1,313.06 $ 1,365.58 $ 1,420.21
$ 696.80 $ 724.67 $ 753.66 $ 783.81
$ 171.60 $ 178.46 $ 185.60 $ 193.03
$ 696.80 $ 724.67 $ 753.66 $ 783.81
$ 27.04 $ 28.12 $ 29.25 $ 30.42
$ 171.60 $ 178.46 $ 185.60 $ 193.03
$ 740.48 $ 770.10 $ 800.90 $ 832.94
$ 27.04 $ 28.12 $ 29.25 $ 30.42
$ 316.16 $ 328.81 $ 341.96 $ 355.64
$ 1,391.52 $ 1,447.18 $ 1,505.07 $ 1,565.27
$ 223.60 $ 232.54 $ 241.85 $ 251.52
$ 238.16 $ 247.69 $ 257.59 $ 267.90
$ 5,963.36 $ 6,201.89 $ 6,449.97 $ 6,707.97
$ 71,560.32 $ 74,422.73 $ 77,399.64 $ 80,495.63
$ 60,000.00 $ 60,000.00 $ 60,000.00 $ 60,000.00
$ 131,560.32 $ 134,422.73 $ 137,399.64 $ 140,495.63