HomeMy WebLinkAboutBaseball-Softball Cost Projections and Potential Funding Sources As of 1-4-21Baseball/Softball Quad Cost Projections-Updated 1/4/21 Estimates
Baseball Quad-Contractor Original Bid without Change Orders $1,610,303
Value Engineering Options 6,7 -$80,000
Value Engineering Options 1,3,4,5,9,13,14 -$43,740
Fence Alternate -$28,727 $1,457,836
Change Order #2 from Contractor Application $2,112
Change Order #3 from Contractor Application $82,472 $1,542,420
Estimated Credits from Change Orders-TBD -$26,088 $1,516,332
LED Lights $385,000
LED Lights Sales Tax $23,100
Light Installation $348,050
Power $8,679 $764,829
Estimated Miscellaneous Equipment Costs-TBD:
Estimated Misc.
Supplies/Bases/Sod/Fertilizer/Design/Electrical/Sprinkler/Equipment
Rental/Concrete/Materials Testing/Permits/Soils
Report/Surveying/Enlarge Gates/Landscape Roadway/etc-TBD $160,644
Portable Fencing $6,400
Bleachers and Concrete Pads-8 $40,000
Benches/Dugouts-8 $10,400
Pitching Mounds-Portable $5,000
Scoreboards/with Installation-Fundraising- $35,000 estimate
PA Sound System-Fundraising- $30,000 estimate
Spectator Netting-May not be needed- $4,000 estimate
Other Misc Equipment-Gator, Drag Equipment, Mower,Etc $35,871 $258,315
Sub Total $2,539,475
Engineering $147,093 5.41%
Arts Fee $33,582 1.25%
Grand Total $2,720,150
Funding Sources
Urban Renewal Contribution $800,000
Initial Parks Impact Fund Contribution $800,000
Private Contribution $99,600
Transfer from General Fund-Motioned 2/11/20 $264,300
Additional Transfer from Parks Impact Fund $309,100
Grants or other Contributions-RMP $17,150
Madison Memorial Hospital (MMH)/Madison County-$50,000 each w/naming rights to a
field for MMH as only hospital with naming rights on project $100,000
Projected Additional Contributions-TBD $0
Grand Total $2,390,150
Shortfall -$330,000
Budget Request-From General Fund-No PA/Scoreboard 330,000$