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The estimated project cost (derived from Table 1) for the <br /> base bid and the various combinations of alternatives available <br /> are shown below. <br /> Alternative/Combination Estimated Project Cost <br /> Base Bid $1,104,000 <br /> Base Bid + Alt A 1,210,400 <br /> Base Bid + Alt A+B 1,285,600 <br /> Base Bid + Alt A+B+C 1,443,000 <br /> Base Bid + Alt A+C 1,369,400 <br /> The project cost shown for the base bid is less than the <br /> current committed funding and the project cost for several of the <br /> alternative combinations does not greatly exceed the committed <br /> funds. While the capital resources would appear to be available <br /> to construct at least some portion of the Phase I sewer <br /> improvements, additional analyses must be made to determine <br /> projected operating costs and the projected user charges. <br /> Projected User Charges <br /> The user charges applicable to the Phase I sewer <br /> improvements should provide sufficient revenue to offset the cost <br /> of operating the collection system, the cost for treatment paid <br /> to the Town of Hillsborough and the annual debt service payment <br /> 14 <br />