|
5. Construction Phase:
<br />Estimated Start Date: Fall 2018 Estimated End Date: 7019
<br />Please explain phase status (work already completed, in progress, swatting funding, etc., and
<br />factors that may slow phase progress).
<br />The project is phased to meet funding requirements of the State, to speed the erection of the facility itself
<br />with minimal amenities to start events. Additional amenities, relocation of maintenance facilities,
<br />additional seal ft, and other aspects of the project await confirmation of additional funding.
<br />Below are details of the costs associated with Phases I and II of the project:
<br />Covered Arena Pro ect Expenses
<br />Real Propertyor ` -aILW Acquisition Cost es ItW Aaset Coat
<br />Acquisitionoft-acreparrel from NsvSuncad!&LLCfbrparldng
<br />$150.000
<br />Capital Asset Cost:
<br />Covered Arens Construction Cost or "Hard" Costs
<br />TUML
<br />Phase I
<br />Phase 11
<br />Site Pre aratlon and d rainM
<br />$65,000
<br />$65,000
<br />Metal building ($28.50/5fx60,000 sq
<br />$1,710,000
<br />$1,710,000
<br />Porch at pbleends 24/six 9,600
<br />$230,400
<br />$730,400
<br />Foundations
<br />$185,000
<br />$185 D00
<br />Mechanical
<br />$35,000
<br />$35,000
<br />Electrical and en 'nearing
<br />$250,000
<br />$250,000
<br />Fencing
<br />$50,000
<br />$50,000
<br />Arenafooting
<br />$200,000
<br />$200,000
<br />Translucent pands s 1 ht)
<br />$450,000
<br />$450,000
<br />Land9caElng
<br />$40,000
<br />$25,000
<br />$15,000
<br />Portable bleachers
<br />$60,000
<br />$60,000
<br />Weather screens
<br />$55,000
<br />$55,000
<br />Restrooms
<br />$200,000
<br />$200,000
<br />Additional parking land-c[earin and construction
<br />$75,000
<br />75 00
<br />Relocation ofmaintenancearea (utilities,landclearing,site development)
<br />Lump-
<br />S156.2m
<br />Subtotal
<br />$3,761,400
<br />$3,356,400
<br />$405,000
<br />Contingency596
<br />$188,070
<br />$167,820
<br />$20,250
<br />WSST 8%
<br />$315,958
<br />$281,938
<br />$34,020
<br />Total Construction
<br />$4,265,428
<br />$3,806,150
<br />$459,270
<br />Soft costs
<br />3% AdministrativeCost on$2.OMMstate fundln
<br />$60,000
<br />$60,000
<br />-Project Ma ent
<br />$100,000
<br />$60,000
<br />$40,000
<br />Permit Fees
<br />$15,000
<br />$15,000
<br />Architectural and Structural Design Fees
<br />$20,000
<br />Total"costs
<br />$225,0001
<br />$165,0001
<br />$60,000
<br />Total Project casts
<br />$4,640,428 1
<br />$3,971,156 1
<br />$66%270-
<br />A combination of private and corporate donations and public funding sources will fiord the project.
<br />These, too, are phased to (a) fast trunk the building of the arena itself and (b) accommodate gant
<br />application and funding timing ents.
<br />Washington State Horse Park Distressed County Saks and Use Tax Ceram Application p97/25
<br />
|