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= Architectural Group Ltd.
<br />15 Groveland Terrace • Minneapolis. MN 55403-1 154
<br />Telephone 612.377.2737 • Facsimile 61 2:377.1 331
<br />E -Mail arehODkodet.com • Website www.kodet.com
<br />March 26, 2018
<br />Mr. Zack Carlton
<br />City of Elk River - Planning Manager
<br />13065 Orono Parkway
<br />Elk River, MN 55330
<br />Re: Elk River Jackson Street Historic Water Tower - Renovation
<br />Dear Mr. Carlton:
<br />We have evaluated the existing water tower and generated budgeting numbers to help
<br />assist you in the grant submission. The existing water tower was scanned by a UAV (Unmanned Aerial Vehicle) on
<br />February 81h, 2018. We have taken the data from the scan and converted it into a scaled drawing which was used for cost
<br />estimating by two painting contractors. Both painting contractors have separated out their cost estimate into three options as
<br />noted below. Each of the three options give you different levels of restoration to choose from:
<br />I . Option 1 (short term) - pressure wash water tower and repaint. Fix structural items as noted in report dated August
<br />3, 2015.
<br />2. Option 2 (medium term) - pressure wash and sand blast only problem areas as identified in report and repaint. Fix
<br />structural items as noted in report dated August 3, 2015.
<br />3. Option 3 (Long term) - remove all the lead base paint by sand blasting the entire water tower and repaint. Fix
<br />structural items as noted in report dated August 3, 2015.
<br />The two attached cost estimates from the painting contractors did not include the
<br />following mark-ups - 25% Soft Costs, 20% for contingency and 10% per year for inflation - see cost breakouts below.
<br />Estimate /
<br />Soft
<br />Costs (25%Z
<br />/ Contingency
<br />(20%) / 2018 cost
<br />/ 2019 cost (10%)
<br />/ 2020 cost (10%)
<br />1. Slack Painting:
<br />a. Option I - $92,000
<br />+
<br />$23,000
<br />+ $18,400
<br />= $133,400
<br />$146,740
<br />$161,414
<br />b. Option 2 - $130,000
<br />+
<br />$32,500
<br />+ $26,000
<br />= $188,500
<br />$207,350
<br />$228,085
<br />c. Option 3 - $390,000
<br />+
<br />$97,500
<br />+ $78,000
<br />= $565,500
<br />$622,050
<br />$684,255
<br />2. TMI Coating:
<br />a. Option 1 - $153,000
<br />+
<br />$38,250
<br />+ $30,.600
<br />=$221,850
<br />$244,035
<br />$268,439
<br />b. Option 2 - $193,000
<br />+
<br />$48,250
<br />+ $38,600
<br />= $279,850
<br />$307,835
<br />$338,619
<br />c. Option 3 - $385,000
<br />+
<br />$96,250
<br />+ $77,000
<br />= $558,250
<br />$614,075
<br />$675,483
<br />Mr. Carlton, we again appreciate the opportunity to work with you and everyone with
<br />the City of Elk River on this project. Let us know if you need additional information for the grant submission. If you have
<br />any questions, please contact me.
<br />Sincerely,
<br />K ET AR HITECTURAL GROUP, LTD.
<br />dward J. K et, Jr., FAIA, ED AP BD+C
<br />Attachments:
<br />Existing Drawing
<br />TMI and Slack painting proposals
<br />Architecture - Interior5 • Planning
<br />
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