Beach Nourishment Capital Project Ordinance

Expenditures and revenues for the beach nourishment project



The following amounts are appropriated for the beach nourishment project

Design, Permitting & Professional Services

$950,031

Mobilization & Demobilization

1,250,000

Contingency

1,084,229

Pumping Construction Costs

6,973,740

Total appropriations

$10,258,000

The following revenues are anticipated to be available to complete this project

Proceeds from Special Obligation Bonds

$4,962,691

Contribution from Dare County – Project

5,045,309

Contribution from Dare County – Design

250,000

Total estimated revenues

$10,258,000