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2) Repairmetal-stamped ceiling, repaint, including metal cove molding 1,025.00 <br />3) Repair plastered walls, patch and repaint 3,200.00 <br />o Install new (min. 150 AMP) electrical service, circuits, switches, <br />outlets and new lighting to code 3,500.00 <br />o Replace plumbing fixtures in rear bathrooms (commode, sink/lav medicine <br />cabinet, repair and paint walls and ceiling, replace entry door. Install <br />underlayment and new floor covering. 1,080.00 <br />4) Install furnace and heating system 5,400.00 <br />Interior Subtotal $17,330.00 <br />Total Estimate $38,580.00 <br />Optional treatments on items listed: <br />1) Floor covering choices and costs are: <br />- sheet goods $2,590.00 <br />- linoleum or vinyl the $1,525.00 <br />- carpeting $2,500.00 <br />- wood flooring (finished) $3,350.00 <br />- refinish existing $1,275.00 <br />2) Install drop ceiling for 10' floor to <br />ceiling height instead $3,500.00 <br />• 3) Install furring and new drywall on walls instead, <br />taped, spackled and painted $3,050.00 <br />4) Heating options: <br />- Electric base board units $3,680.00 <br />- Furnace and forced air ductwork $5,400.00 <br />- Overhead suspended heaters $4,200.00 <br />Summary of re-use cost -Option 1 <br />As indicated, the minimum cost required for Option I, based on the exterior improvement and the <br />renovation of the storefront space is estimated to be $38,580, or approximately $25.00 per square <br />foot. This cost could be slightly increased or reduced depending on the options selected for items <br />such as floor covering, ceiling treatment, wall repair versus covering with drywall and type of <br />heating. The heating cost in Option I is based on a system which could be extended and added onto <br />in order to provide heat to the second floor apartments, should this second floor space be <br />considered for rehabilitation and occupancy in the future. <br />• <br />3 <br />