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I <br /> <br />November 12, 1986 <br /> <br />Mr. Charles McGinnis <br />County Manager <br />P.O. Box 707 <br />Concord, North Carolina 28025 <br /> <br />Re: Preliminary Cost Estimate <br /> Coddle Creek Reservoir <br /> <br />Dear Charles: <br /> <br />This letter confirms our telephone conversation regarding a preliminary <br />construction cost estimate for the proposed Coddle Creek Reservoir as <br />shown on the plans prepared by Peirson & Whitman. <br /> <br />This Construction Cost estimate is based on our cursory review of the <br />drawings of the proposed facilities. As mentioned, this estimate was <br />made without geotechnical information regarding dam fill material, <br />foundations, etc. Further, this cost estimate is for construction only <br />and does not include land and right-of-way costs, any utility relocation <br />costs, legal, administration, engineering or other technical services. <br />It is understood that this estimate is to be used for budgeting purposes <br />for a proposed bond vote. <br /> <br />Based on the foregoing, the preliminary Construction Cost estimate for <br />the dam, spillway, reservoir clearing, intake structure, pump station <br />and hydroelectric facilities is $16.5 million. Also as requested, <br />without the hydroelectric unit the estimated Construction Cost is $14.5 <br /> <br />We hope this information is helpful to Cabarrus County in pursuing the <br />development of a long term water supply to serve the needs of the <br />citizens. <br /> <br />Very truly yours, <br /> <br />HDR Infrastructure, Inc. of North Carolina <br /> <br />Robert E. Linkner, P.E. <br />Vice President <br /> <br /> <br />