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HomeMy WebLinkAboutRIDGEWOOD HILL AMENDMENT TRACT B - MA210028 - SUBMITTAL DOCUMENTS - ROUND 4 - SUPPORTING DOCUMENTATION (2)DESIGN WORKSHEET Client:M. Timm Development Job No.:19-449 Project:Ridgewood Hills 4th Filing – Tract “B”By:LCO Date:8/16/2023 Task:Erosion Control Security Deposit Checked:Date: Page:1 of:2 According to current City of Fort Collins policy, the amount of the erosion control security deposit for a project is based on the larger of: · 1.5 times the estimated cost of installing the approved erosion control measures, or · 1.5 times the cost to re-vegetate the anticipated area to be disturbed by construction activity. INSTALLATION OF APPROVED EROSION CONTROL MEASURES ITEM QUANTITY UNIT PRICE TOTAL AMOUNT Silt Fence 2,023 l.f.$2.00 $4,046.00 Rock or Wattle Dike 4 ea $325.00 $1,300.00 Drop Inlet Protection 10 ea $250.00 $2,500.00 Curb Inlet Protection 4 ea $200.00 $800.00 Vehicle Tracking Pad 1 ea $2,250.00 $2,250.00 Subtotal $10,896.00 Subtotal x 1.5 $16,344.00 REVEGETATION OF DISTURBED AREA ITEM QUANTITY UNIT PRICE TOTAL AMOUNT Seeding / Mulching 5.19 ac $1,080.00 $5,605.00 Subtotal $5,605.00 Subtotal x 1.5 $8,407.50 An erosion control security deposit is required in accordance with City of Fort Collins Stormwater Utility policy. In no instance shall the amount of the security be less than $1,000.00. Client:M. Timm Development Job No.: 19-449 Project: Ridgewood Hills 4th Filing – Tract “B”Date:8/16/2023 Task:Erosion Control Security Deposit Analysis Page:2 of 2 1. According to current City of Fort Collins policy, the erosion control security deposit is figured based on the larger amount of 1.5 times the estimated cost of installing the approved erosion control measures or 1.5 times the cost to re-vegetate the anticipated area to be disturbed by construction activity. a. Based on current unit price data, extracted from a competitive bid for similar work items on a comparable project, the cost to install the proposed erosion control measures is approximately $10,896.00. Per City requirements, 1.5 times the cost to install the erosion control measures would be $16,344.00. b. Based on current unit price data, extracted from a competitive bid for similar work items on a comparable project, and measuring the anticipated area that will be disturbed by construction activity (approximately 5.19 acres), the estimated cost to re-vegetate the disturbed area will be $5,605.00. Per City requirements, 1.5 times the cost to re-vegetate the disturbed area would be $8,407.50. CONCLUSION: The erosion control security deposit amount required for Ridgewood Hills 4th Filing Tract A is $16,344.