CPA FY25 Full App - Nunziato Park — File 25-0056

CITY OF SOMERVILLE, MASSACHUSETTS  FY24 CPA FUNDING CYCLE BUDGET SUMMARY FORM    26  PROJECT NAME:      APPLICANT:       SUMMARY OF PROJECT COSTS  In addition to this form please include a complete itemized budget of all project expenses, including the proposed funding source for each expense, in your submission.  PROPOSED SOURCE  EXPENSES  STUDY  SOFT COSTS (1)  ACQUISITION CONSTRUCTION (2)  CONTINGENCY (3)  TOTAL  1  Somerville CPA              2               3                4               5               TOTAL PROJECT COSTS              (1) Soft costs include design, professional services, permitting fees, closing costs, legal, etc.  (2) Construction includes new construction, preservation, rehabilitation, restoration work, and/or accessibility related expenses.  (3) A 15% contingency is strongly recommended for all construction projects.    EXPLANATION OF FUNDING SOURCES  Please explain the status of each funding source (i.e., submitting application on X date, applied on X date, received award notification on X date, funds on hand, etc.). For  sources where funding has been awarded or funds are on hand, please attach documentation from the funding source (e.g., commitment letter, bank statement).    SOURCE  SECURED? (YES/NO)  STATUS OF FUNDING SOURCE  1        2        3        4        5           Nunziato Water Fountain Addition Jon Bronenkant - City of Somerville PSUF $25,000 $150,000 $25,000 $200,000 $25,000 $150,000 $25,000 $200,000

Community Preservation Application Budget Form Please use this format to submit your budget report - add additional lines as needed. *Soft costs line items (design and non-construction costs) may NOT TO EXCEED 15% of GRANT AWARD *Project Management may NOT TO EXCEED 15% of GRANT AWARD Please download and save prior to completing Project Name: Nunziato Water Fountain Addition Date: September 4th 2024 Organization: City of Somerville Please list your sources of funding for this project SOURCES OF INCOME CPA Grant Funds $200,000 applied TOTAL $200,000 Please explain your project costs and explain where CPA grant funds will be used USES / EXPENSES* 100% Construction Bid Documents $25,000 $0 $25,000 Sub-total $25,000 Drinking Fountain (includes utility connections) $150,000 $0 $150,000 Sub-total $150,000 Fiscal Agent Overhead - business or nonproft (no more than 10%) $0 $0 Contingency (no more than 10%) $25,000 $25,000 Sub-total $25,000 TOTALS $200,000 $200,000 $200,000 ***Please round numbers and do not use cents PLEASE NOTE: - Your budget must be specific to your project. - All CPA grant funds must be spent on the scope of work you have defined in this budget. - If using an estimate from a contractor, please breakdown your estimates by line item. Do not submit a lump sum line item on this form. - All costs must be allowable under the CPA statute. - Please contact CPA staff if you have any questions on this budget form. Section Total TOTAL PROJECT COSTS Building/Construction line items Other Soft costs line items (design and non- construction costs) SOURCE AMOUNT STATUS (in-hand or applied) CPA GRANT FUNDS BUDGET NON- CPA-FUNDED PROJECT COSTS