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Home My WebLink About01 03 2022 WS_CH21-Revere IntersectionCH21 / Revere Ave. Intersection Prior Lake City Council Work Session January 3, 2022 1 2 Project Overview 2 Project Funding Summary Total 60% Design Estimated Project Cost $5,455,966.60 Proposed County Funding $2,162,925.93 Proposed Local Funding $3,293,040.67 $1,208,284.53 (Developer) $2,084,756.13 (City – increase of $834,756.13) City Funding $1,500,000 (Street oversizing fund – increase of $250,000) $50,000 (Trunk reserve fund – watermain looping) $534,756.14 (TBD – General Fund Reserves, General Tax Levy, etc.) 3 Project Funding Summary 4 4