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Funding Source: <br />The low bid submitted by Douglas -Kerr Underground is $701,270.54. After adding indirect costs, the total project <br />cost is $862,562.76. <br />The City's cost share is estimated to be less than $550,000 after the Metro Municipal Agreement funds are applied. <br />Municipal State Aid dollars are proposed to cover the City's cost share as noted in the current CIP. <br />Recommendation: <br />Staff recommends approving alternative # 1. <br />Action: <br />Motion to adopt Resolution #17-07-180 accepting Bids and awarding a Contract for Improvement Project #16-20, <br />Riverdale Drive Extension - Traprock Street to Ramsey Boulevard, contingent on execution of the Cooperative <br />Construction Agreement and on receiving a letter of bid concurrence from the State. <br />Attachments <br />Resolution <br />Award Memo <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 07/20/2017 11:49 AM <br />Form Started By: Bruce Westby Started On: 07/17/2017 04:59 PM <br />Final Approval Date: 07/20/2017 <br />