ST7301-CS 810310March 10, 1981
This letter is to revise and advise the property owners of their cost
participation for paving and drainage improvements along Esters Road.
As of the writing of this letter, the City, through First Southwest Co.,
has placed the Bonds necessary for the City's portion of this project.
The final sale of these Bonds will occur on March 26, 1981, and monies
will be available on or about April 1, 1981. Therefore, the property
owners are requested, based on the following tables, to deposit with
the City of Coppell the amount shown on or before March 23, 1981.
ESTERS ROAD PAVING & DRAINAGE
Divided Roadway
2 - 22 Foot Lanes - 15 Foot Median
TOTAL CONSTRUCTION COST -
Low Bid of Austin Paving Co.
TOTAL ENGINEERING COST (Design)
1. Design of Plans
2. Field Surveys
3. Printing Plans & Specifications
4. Bond Cost
TOTAL CONSTRUCTION LAYOUT -
TOTAL GENERAL REVIEW OF CONSTRUCTION -
TOTAL TESTING & QUALITY CONTROL -
TOTAL CONSTRUCTION INSPECTION -
$64,192.50
8 708.50
1,540.50
10,000.00
$ 900,364.50
84,441.50
40,000.00
10,000.00
7,QO0..O0
9,523.00
TOTAL PROJECT COST
LESS CITY'S PART
LESS DALLAS COUNTY PART
$1,05] ,329.00
290,000.00
300,000.00
TOTAL PROPERTY OWNER COST
$ 461,329.00
Total :
20% Cost - To AC. =
$ 92,265.80
80% Cost - To Front Footage :
$369,063.20
$461,329.00
Cost For One AC. = $326.03
Cost Per Foot = 40.89
MINYARDS
61.5 ac x 326.03 = $ 20,050.85
1862 Ft x 40.89 = 76,137.18
Total $ 96,188.03
SOUTHERN PACIFIC (Good)
28.4 ac x 326.03 = $ 9,259.25
1880 ft x 40.89 = 76,873.20
Total $ 86,132.45
SOUTHERN PACIFIC (Troth)
31.6 ac x 326.03 = $ 10,302.55
1450 ft x 40.89 = 59,290.50
Total $ 69,593.05'
CARTER
57 ac x 326.03: $ 18,583.7)
1646 ft x 40.89 : 67,304.94
Total $ 85,888.65
SOUTHERN PACIFIC (Orig.)
64.5 ac x 326.03 = $ 21,028.94
2138 ft x 40.89 = 87,422.82
Total ~
WOODBINE
40 ac x 326.03 = $ 13,041.20
50 ft x 40.89 = 2,044.50
Total $ 15,085.70
Please review the above, and should you have any questions, please contact
my of fi ce
City Administrator