Floreo CFD SARB Sr. 2025 - Engineer's Estimated Costs (009)(6.9.25)(6487379.9).pdf

City of Buckeye — Joint Community Facilities Districts (2025-07-01)

View PDF Meeting page

Extracted text (via pymupdf) 545 characters 
6487379.9 
 
ENGINEER’S ESTIMATED COSTS 
 
ESTIMATED COSTS 
 
Cost of Public Infrastructure 
$9,993,637.50 
Debt Service Reserve Fund 
976,362.50 
Incidental Expenses 
404,000.00 
Total Cost 
$11,374,000.00 
 
 
(Less Owner Contribution) 
($404,000.00) 
Net Cost 
$10,970,000.00 
 
 
 
 
Total Cost shall not exceed the District Engineer’s Estimate; provided that the total Assessment 
is limited in the Waiver Agreement to not exceed the product of $10,000 times the number of 
projected developable lots located within the Assessment District.