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staff would request that the overhead amount be revised accordingly as well. Financing for this project <br />to date has been from the park payment obligations that were collected as part of the original RTC park <br />agreement. Additional funding sources that could be utilized to supplement the grant money include <br />additional RTC park payment obligations, park dedication money, and future land sales. A potential <br />funding scenario, based upon the W. Gohman bid received and staff recommended alternates is as <br />follows: <br />Met Council grant $364,000 <br />RTC park payments $340,000 <br />Park dedication (within district) $440,000 <br />Park dedication (outside district) $794,458 <br />Future RTC Land Sales $794,458 <br />$2,732,916 <br />Staff Recommendation: <br />Staff recommends that the City Council award contract A for City project #10-23, East Meandering <br />Commons Park, to W. Gohman Construction Company in the amount of $2,226,708.51, which includes <br />add alternates A, B, C, D, K, M, and N, and contract B to Great Northern Landscapes, Inc in the amount <br />of $102,087.20, which includes add alternates 1, 3, 4, 5, 7, 8, 9, and 10, and the project electrical work <br />to Connexus Energy in the amount of $155,674. <br />Council Action: <br />Motion to approve Resolution 10-03-XXX awarding contract A for City project #10-23, East <br />Meandering Commons Park, to W. Gohman Construction Company in the amount of $2,226,708.51, <br />and contract B to Great Northern Landscapes, Inc. in the amount of $102,087.20, and the project <br />electrical work to Connexus Energy in the amount of $155,674. <br />-and- <br />Motion to authorize staff to negotiate specialty inspection contracts up to a maximum dollar amount of <br />$25,000. <br />Attachments: <br />Resolution <br />Reviewed By: <br />City Administrator <br />Public Works Director <br />Finance Director <br />CC: 3/30/10 -revised <br />