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RECEIVEiBIDS AND AWARD CONTRACT FOR IMPROVEMENT PROJECT <br /> #92-1~!(WOOD POND HILLS ADDITION, PHASE I DEVELOPMENT) <br /> By: Steven Jankowski, City Engineer <br /> <br />Background! <br />On May 12, l~92,the City Council accepted plans and specifications and ordered the solicitation of <br />bids for Impr_rlyem. ent Project ~92-15 Wood Pond Hills Addition, Phase I Development. At that <br />time, it was ~0ted !t~at the development agreement between the City and the developer had yet to be <br />executed. On}lun~ 1, 1992 the City and the developer entered into the necessary development <br />agreement ~dlthe ~financial sureties referenced in that agreement have been deposited with the City. <br />On Friday, Ju~e 5~ i1992 bids for the project will be opened. A recommendation for award will be <br />made at the <br /> <br />Recommend~it~on: <br />To be present~ at ~he meeting. <br /> <br />Council Aation: <br />Based on infor}nati0n presented at the meeting. <br /> <br />Review CheCklist <br /> <br />City Engineer ? <br />City Administrator <br />Finance Officer <br /> <br />cc: 06/09/92 <br /> <br /> <br />