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Funding for this improvement is proposed to come from Pavement Management (PM) Funds, Stormwater Utility <br />Funds and Sanitary Sewer Utility Funds. The alternative Basalt Street construction does not qualify for Pavement <br />Management Funds so funding is proposed to come from Public Improvement Revolving (PIR) Funds. <br />The City collected a $10,000 Road Improvement Fee as part of the Garden View development in 2019, to be used <br />towards a future pavement mill and overlay of 147th Lane (Seasons of Ramsey segment). This was due to the <br />significant street patches within 147th Lane required for water and sewer connections as part of the development. <br />Total project costs for each funding source will be presented during the Council meeting. <br />Recommendation: <br />Staff recommends approving alternative # 1 for reasons noted herein. <br />Outcome/Action: <br />Adopt Resolution #24-156 accepting bids and awarding a contract for construction for 2024 Neighborhood <br />Pavement Overlay Improvements, Improvement Project #24-07, for the base bid plus alternate bid to North <br />Valley, Inc. in the amount of $1,562,549.03. <br />Resolution 24-156 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 06/06/2024 02:32 PM <br />Form Started By: Bruce Westby Started On: 06/04/2024 05:12 PM <br />Final Approval Date: 06/06/2024 <br />