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,� . <br /> APPENDIX B <br /> INITIAL ESTIMATED <br /> REDEVELOPMENT COSTS* <br /> Phase I <br /> 1. Street construction <br /> MLK, Jr. Drive Extension- <br /> Mound Rd. to Shutter Dr. $2, 340, 000 <br /> 2 . Water main extension <br /> Cowgill Ave.-Mound to Ash $ 57, 000 <br /> 3 . Housing Rehabilitation $ 300, 000 <br /> Phase II <br /> 1. Street construction <br /> MLK, Jr. Dr. Extension- <br /> Pershing Rd. to Mound Rd. $1,700, 000 <br /> 2. Street reconstruction <br /> Cowgill Ave.-Mound north 1/2 mile $ 100, 000 <br /> 3 . Street signalization $ 100, 000 <br /> 4 . Water main extension <br /> Ash Ave.-MLK, Jr. Dr. to Neely $ 50, 000 <br /> Phase III <br /> l. Street construction <br /> MLK, Jr. Dr. Extension- <br /> Shutter Dr. over I72 . $1, 500, 000 <br /> 2 . Street construction <br /> Ash Ave. -MLK, Jr. Dr. to Neely $ 500, 000 <br /> * These initial cost estimates and project phasing projections <br /> are not intended, nor should they be construed, to be any <br /> limitation on the City hereunder to undertake redevelopment <br /> activities and incur redevelopment costs for the purposes <br /> set forth in this Plan. <br />