MALIBU LEGACY PARK PROJECT/COST ESTIMATE

PARK IMPROVEMENTS and STORMWATER IMPLEMENTATION

COMPLETED Portion of Project

Feasibility Study Phase (Completed 11/05)

 $                             143,000

Land Acquisition (Completed 3/06)

 $                        25,587,000

Construction of Stormwater Treatment Facility (Completed 1/07)

 $                           5,800,000

Total Cost of Completed Portion of Project

 $                        31,530,000

Park Design Phase

PRELIMINARY DESIGN PHASE (City of Malibu-funded - Underway)

 $                            971,750

(includes Preliminary stormwater/riparian/wastewater/reuse plans, Environmental Documentation, Permitting, and Public Outreach)

FINAL DESIGN PHASE (City and Potential Grants; to begin in 07/08)

 $                         1,567,450

(includes final design of Stormwater/Riparian Habitat Plans, Park Design, Permitting, and Public Outreach)

Total Preliminary and Final Design Phase

 $                         2,539,200

Park Construction Phase

Construction Phase (City/Grant/and Private Donations; to begin in 2008)

Stormwater System Implementation

 $                5,250,000

Riparian Habitat and Education Center Implementation

 $                6,750,000

Construction Phase Total

 $      12,000,000