Laserfiche WebLink
Financing: <br />' <br />e <br />he <br />costs associated with the replacement of the road shall be fundeod i storm wo monies. T to <br />cost associated with concrete curb and gutter will be funded 25% <br />with the remaining 75% from MSA funds. These costs also inn The stor de as socia ted <br />se work <br />repairs elemen <br />including irrigation repair, and landscaping restoration <br />extensions will be funded entirely from the storm water utility. u ilit . Th project. rope be <br />e owners <br />thro MSA funds should the Council decide to award <br />mated to cost <br />will contribute the equivalent cost of a bituminous overlay road season. A s ummary of the <br />51,700 per unit at unit prices anticipated during the 2009 construction <br />project financing for the basic project (no sidewalk) and the alternate project (with sidewalk) is <br />presented below: MSA / Storm Water Property <br />Total City Utility Owners <br />193,686 $ 113,900 $ 193, <br />Basic Project Cost $ 1,233,539 $ 925,953 113,900 <br />Alternate Project Cost $ <br />1,591,233 $ 1,283,647 $ 193,686 $ • <br />Council Action: <br />None required, unless modifications to the feasibility study are desired. <br />Reviewed by: <br />City Administrator �..— <br />Assistant Public Works Director/Principal City Engineer <br />Finance Officer <br />CC: 1/13/09 <br />—130— <br />