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Funding: <br />Funding for this project will come solely from developer securities. It is estimated that the total project <br />costs will be approximately $355,000, and the total securities to cover these expenses are approximately <br />$390,000. <br />Recommendation: <br />Staff recommends that the City Council award a contract to North Valley, Inc., in the amount of <br />$99,700, for the completion of all outstanding bituminous items within the SWEETBAY RIDGE <br />subdivision. <br />It is further recommended that the City Council award a contract to C.W. Houle, Inc., in the amount of <br />$58,516, for the completion of all outstanding concrete, erosion control, and utility items within the <br />SWEETBAY RIDGE subdivision. <br />Council Action: <br />Motion to award a contract to North Valley, Inc., in the amount of $99,700, for the completion of all <br />outstanding bituminous items within the SWEETBAY RIDGE subdivision. <br />-and- <br />Motion to award a contract to C.W. Houle, Inc., in the amount of $58,516, for the completion of all <br />outstanding concrete, erosion control, and utility items within the SWEETBAY RIDGE subdivision. <br />Attachments: <br />Location map <br />Reviewed By: <br />Finance Directo <br />Public Works D <br />City Administra <br />CC: 9/14/10 <br />