Common use of ESTIMATED COST OF PROJECT Clause in Contracts

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR HUNDRED THIRTY SIX THOUSAND AND 00/100 DOLLARS ($436,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD shall pay 50% of the local share of said Improvement (estimated to be $118,000.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is NINE HUNDRED FIFTY THOUSAND FOUR HUNDRED THIRTY SIX THOUSAND AND 00/100 DOLLARS ($436,000.00950,400.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO FOUR HUNDRED FORTY THOUSAND AND 00/100 DOLLARS ($200,000.00440,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD shall pay 50% of the local share of said Improvement (estimated to be $118,000.00255,200.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00255,200.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR ONE MILLION THREE HUNDRED THIRTY NINETY-SIX THOUSAND THREE HUNDRED FIFTY-NINE AND 00/100 76/100 DOLLARS ($436,000.001,396,359.76). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding from the CITY OF LENEXA, KANSAS of TWO ONE HUNDRED EIGHTY-SIX THOUSAND FIVE HUNDRED TWELVE AND 00/100 88/100 DOLLARS ($200,000.00186,512.88) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD XXXXXX shall pay 505% of the local share of said Improvement (estimated to be (2) OVERLAND PARK shall pay 82% of the local share of said Improvement (estimated to be $118,000.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.001,141,458.82). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR SEVEN HUNDRED THIRTY SIX SIXTEEN THOUSAND AND 00/100 DOLLARS ($436,000.00716,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED FIFTY EIGHT THOUSAND AND 00/100 DOLLARS ($200,000.00258,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD LENEXA shall pay 50% of the local share of said Improvement (estimated to be $118,000.00229,000.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00229,000.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR HUNDRED THIRTY SIX THOUSAND AND Fifteen Thousand and 00/100 DOLLARS ($436,000.0015,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD SHAWNEE shall pay 50% an estimated amount of Seven Thousand Five Hundred and 00/100 DOLLARS ($7,500.00) of the local share of said Improvement (estimated to be $118,000.00)Improvement. (2) OVERLAND PARK shall pay 50% an estimated amount of Seven Thousand Five Hundred and 00/100 DOLLARS ($7,500.00) of the local share of said Improvement (estimated to be $118,000.00)Improvement. (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR FIVE MILLION SIX HUNDRED THIRTY SIX THOUSAND AND 00/100 DOLLARS ($436,000.005,600,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Federal Funding of FOUR MILLION TWO HUNDRED FORTY THOUSAND AND 00/100 DOLLARS ($200,000.004,240,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD UNIFIED GOVERNMENT shall pay 50100% of the local share of said Improvement (estimated to be $118,000.001,360,000.00). (2) OVERLAND PARK shall pay 500% of the local share of said Improvement (estimated to be $118,000.000.00). (3) Each Party UNIFIED GOVERNMENT shall acquire and pay all costs associated with the right-of-way or and easement acquisition for that portion of the project located within its respective boundary. Additionallyand if necessary, each Party any related condemnation expenses. (4) UNIFIED GOVERNMENT shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR HUNDRED THIRTY SIX THOUSAND AND Four Hundred Eighty-Six Thousand and 00/100 DOLLARS ($436,000.00486,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD OLATHE shall pay 5050.4% of the local share of said Improvement (estimated to be Two Hundred Forty-Five Thousand and 00/100 DOLLARS ($118,000.00245,000.00)). (2) OVERLAND PARK shall pay 5049.6% of the local share of said Improvement (estimated to be Two Hundred Forty-One Thousand and 00/100 DOLLARS ($118,000.00241,000.00)). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR FIVE HUNDRED THIRTY FORTY-TWO THOUSAND FIVE HUNDRED FIFTY-SIX THOUSAND AND 00/100 DOLLARS ($436,000.00542,556.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD OLATHE shall pay 5025% of the local share of said Improvement (estimated to be (2) OVERLAND PARK shall pay 75% of the local share of said Improvement (estimated to be $118,000.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00406,917.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR SEVEN HUNDRED THIRTY SIX THOUSAND AND and 00/100 DOLLARS ($436,000.00700,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO THREE HUNDRED FIFTY THOUSAND AND and 00/100 DOLLARS ($200,000.00350,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD COUNTY shall pay 50% of the local share of said Improvement (estimated to be $118,000.00175,000.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00175,000.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR HUNDRED THIRTY SIX THOUSAND AND Three Hundred Eight Thousand and 00/100 DOLLARS ($436,000.00308,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND One Hundred Fifty-Four Thousand and 00/100 DOLLARS ($200,000.00154,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD shall pay 5020% of the local share of said Improvement (estimated to be $118,000.0030,800). (2) OVERLAND PARK shall pay 5080% of the local share of said Improvement (estimated to be $118,000.00123,200). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is EIGHT HUNDRED FORTY THOUSAND SIX HUNDRED SIXTY-FOUR HUNDRED THIRTY SIX THOUSAND AND 00/100 DOLLARS ($436,000.00840,664.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED EIGHTEEN THOUSAND AND 00/100 DOLLARS ($200,000.00218,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD LENEXA shall pay 50% of the local share of said Improvement (estimated to be $118,000.00311,332.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00311,332.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR HUNDRED THIRTY SIX THOUSAND AND Nine Hundred Fifty-Eight Thousand and 00/100 DOLLARS ($436,000.00958,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO HUNDRED THOUSAND AND Four Hundred Seventy-Nine Thousand and 00/100 DOLLARS ($200,000.00479,000.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD shall pay 50% of the local share of said Improvement (estimated to be $118,000.00239,500.00). (2) OVERLAND PARK shall pay 50% of the local share of said Improvement (estimated to be $118,000.00239,500.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is FOUR NINE HUNDRED THIRTY SIXTY-NINE THOUSAND SIX THOUSAND HUNDRED AND 00/100 DOLLARS ($436,000.00969,600.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The Parties anticipate receipt of CARS Funding of TWO FOUR HUNDRED EIGHTY- FOUR THOUSAND EIGHT HUNDRED AND 00/100 DOLLARS ($200,000.00484,800.00) to help pay a portion of the cost of the Improvement. D. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) LEAWOOD shall pay 5025% of the local share of said Improvement (estimated to be $118,000.00121,200.00). (2) OVERLAND PARK shall pay 5075% of the local share of said Improvement (estimated to be $118,000.00363,600.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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