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
|