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In order to be eligible for a reimbursement agreement, the estimated cost of the proposed improvement must not be less than one thousand dollars. The estimated cost of the improvement shall be determined by the director, based upon a construction contract for the project, bids, engineering or architectural estimates or other information deemed by the director to be a reliable basis for estimating costs. The determination of the director shall be final. (Ord. 007/2011 § 1 (Exh. A); Ord. 920, 1989)