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BOOK 23 PAGE 784 <br />2. Project Cost and Funds: <br />Costs <br />Construction <br />$ <br />130,600 <br />- 4000 LF 6" PVC water main: $72,000 <br />32 <br />- 40 As halt atch: $2,000 <br />- 2 6" gate valves: $3,000 <br />- 3 fire hydrants: $6,000 <br />- 200 trench rock excavation: $15,000 <br />- 100 select backfill: $1,200 <br />- 100 stone trench stabilization: $2,000 <br />- 16 water services: $9,600 <br />- 1,000 fittings: $5,000 <br />- 8 driveway repairs: $4,800 <br />- 16" tie: $5,000 <br />- Erosion control: $5,000 <br />Contingency <br />6,600 <br />PreliminHy Engineering Report <br />5,000 <br />Basic services <br />14,000 <br />Resident inspection <br />4,000 <br />Total Project Costs $ 160,200 <br />Financing Sourcvtal <br />NC Rural Center <br />$ <br />128,160 j <br />Lee County <br />32 <br />3. Project Reporting: <br />Total Project Financing $ $160,200 <br />The Grantee (Lee County) will adhere to the conditions and regulations outlined in the <br />Memorandum of Understanding (Exhibit A -1) and file reports on the dates set forth in <br />Exhibit C of this contract. <br />