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Alternative #1 — Motion to recommend City Council approval of plans and specifications and authorization to <br />advertise for bids for Improvement Project #21-03, Business Park 95 Street Reconstructions. <br />Alternative #2 — Motion of other. <br />Funding Source: <br />Estimated total construction costs for the proposed improvements based on the attached plans is $1,164,915.80. <br />Estimated total project cost is $1,432,846.43, which includes 23-percent indirect costs for administrative, <br />engineering, finance, and legal costs. Below is a breakout of estimated project costs for the base bid street and <br />storm sewer improvements, as well as the alternate bid cul-de-sac street and storm sewer improvements. <br />Base Street Project Costs = $ 1,106,461.01 <br />Base Storm Sewer Project Costs = $ 124,049.19 <br />Alt CDS Street Project Costs = $ 139,354.08 <br />Alt CDS Storm Sewer Project Costs = $ 62,982.15 <br />The improvements are proposed to be funded using a combination of Pavement Management Funds, Stormwater <br />Utility Funds, and the $250,000 that was previously dedicated for overlays on these streets. <br />Recommendation: <br />Staff recommends alternative #1. <br />Action: <br />Motion to recommend City Council approval of plans and specifications and authorization to advertise for bids for <br />Improvement Project #21-03, Business Park 95 Street Reconstructions. <br />Plans IP2103 <br />Street segments summary <br />WSB Pavement Forensic Report <br />CVT Geotechnical Report <br />Attachments <br />Form Review <br />lnbox Reviewed By Date <br />Grant Riemer Grant Riemer 03/11/2021 02:57 PM <br />Kurt Ulrich Kurt Ulrich 03/11/2021 03:06 PM <br />Fonn Started By: Bruce Westby Started On: 03/10/2021 10:44 AM <br />Final Approval Date: 03/11/2021 <br />