Appendix A
Clegg Rd Extension and Courtyard Ln Construction Budget Change
Original Budget
Funding Source
Components Projects Description Tax DCA DCA - Developer Financed MDE Total
               
Design 83 5350 6113 005 Clegg Road Extension to Warden Avenue - Detail Design             72,800           72,800
     
Construction 83 5350 6740 005 Clegg Extension & Cedarland Dr.       49,360       1,942,380              110,160       2,101,900
  83 6150 7265 00 Clegg Road Extension and Cedarland Drive Reconstruction                898,100         898,100
           
Total           49,360       2,015,180           1,008,260           -         3,072,800
Revised Budget
Funding Source
Components Account Description Tax DCA DCA - Developer Financed MDE Total
               
Design 83 5350 6113 005 Clegg Road Extension to Warden Avenue - Detail Design                180,904 [1]         180,904
     
Construction 83 5350 6740 005 Clegg Extension & Courtyard Lane Construction             -                    -             3,563,976 [2]   480,000       4,043,976
  83 6150 7265 00 Clegg Road Extension and Cedarland Drive Reconstruction  Close 
               
Total                 -                    -             3,744,880   480,000       4,224,880
Change vs. Original Budget
Funding Source
Components Projects Description Tax DCA DCA - Developer Financed MDE Total
               
Design 83 5350 6113 005 Clegg Road Extension to Warden Avenue - Detail Design             -            (72,800)              180,904           -           108,104
     
Construction 83 5350 6740 005 Name Changed to Clegg Extension & Courtyard Lane Construction      (49,360)      (1,942,380)           3,453,816   480,000       1,942,076
  83 6150 7265 00 Clegg Road Extension and Cedarland Drive Reconstruction             -                    -               (898,100)           -          (898,100)
               
Total          (49,360)      (2,015,180)           2,736,620   480,000       1,152,080
[1]
Town of Markham:
P5498 and P4536
[2]
Town of Markham:
Based on funding received from developers to date (refer to letter to Bratty & Partners on Dec 7, 2006) + $110K in order to come back to total cost of project as per letter ($3,744,880+$480K MDE)