Pacific Terrace Condos

Budget Options

October 11, 2006

“A” BARE MINIMUM PLAN (For previously approved landscape budget):

-Remove Trees

-Remove Railroad Ties

-At Central Park – remove asphalt, smooth out soil

-At other areas- grade and soil preparation

$95,345

“B” ALTERNATIVE LANDSCAPE PLAN:

-Central Park per plan L4.0 dated 10.02.06** (well connection included) $54,092.00

- Landscaping per plans dated 10.02.06** (35% less planting

Than comprehensive plan) $122,183.72

$176,275.72

+20% $35,255.14

$211,530.86 +H&K Fees* $5673.04

$217,203.90

“C” COMPREHENSIVE PLAN (for Landscape Plans dated 02.15.06**):

Planting- $139,208.27

Demo/Soil Prep, A/C Removal, Plant Removal- $107,726.65

Well connection to Central Park $3,200.00

Total- $250,134.92

+20% $50,026.98

$300,161.90

+H&K Fees* $7667.51

$307,829.41

*H&K Fees= Fees for Construction Administration phase of project. Cost is for observation of construction, not supervision. Four site visits assumed.

**= Minor changes to paving have occurred since plans were issued. Exact prices will be reflected in Contract Documents