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EXHIBIT B-1 <br />BILLING SCHEDULE <br />PHASE 1-Design Development <br />The following fee schedule includes labor, materials and equipment: $6,000.00 <br />PHASE 2 -Three Dimensional Artwork <br />The following fee schedule includes labor, materials and equipment: $1,800.00 <br />Reimbursable Expenses $50.00 <br />Total Cost of Phase 2 $1,850.00 <br />PHASE 3 -Sculpture Foundry and Installation <br />Armature Development <br />The following fee schedule includes labor, materials and equipment: $2,760.00 <br />Reimbursable Expenses $850.00 <br />Total Armature Development $3,610.00 <br />Sculpture Development <br />The following fee schedule includes labor, materials and equipment: $7,225.00 <br />Reimbursable Expenses $500.00 <br />Total Sculpture Development $7,725.00 <br />Sculpture Foundry and Installation <br />The following fee schedule includes labor, materials and equipment: $ 4,200.00 <br />*Reimbursable Expenses $20,200.00 <br />Total Sculpture Foundry and Installation $24,400.00 <br />Total Cost Phase 3 $35,735.00 <br />TOTAL COST OF CONTRACT NOT TO EXCEED $43,585.00 <br />* Compensation in full for all foundry work including labor and materials to construct and install <br />the finished sculpture. <br />Exhibit B-1 Page 1 of 1 <br />6/12/95 -Word 6.0 Marina Entrance Improvements Construction <br />