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Funding for this improvement is proposed to come from Municipal State Aid Funds and Storm Water Utility Funds. Due to <br />late season work, and assumed risk that comes from a multi -season project, staff has assumed higher pricing in the <br />engineer's estimate compared with bids obtained so far during the 2026 season. <br />• Municipal State Aid Funds $1,426,000 <br />• Storm Water Utility Funds $90,000 <br />• Total Project Funds $1,516,000 <br />The C1P level estimate had a total estimated project cost of $1,290,087 ($1,121,815 MSA Funds, $168,272 Storm Water <br />Utility Funds). The final project costs may change depending upon bid prices and actual construction quantities. <br />Recommendation: <br />Staff recommends adopting Resolution #26-160 approving plans and specifications and authoring advertisement for bids for <br />2026 MSA Pavement Overlay Improvements, Improvement Project #26-02. <br />Outcome/Action: <br />Motion to adopt Resolution #26-160 approving plans and specifications and authoring advertisement for bids for 2026 MSA <br />Pavement Overlay Improvements, Improvement Project #26-02. <br />Attachments <br />Res 26-160 <br />26-02 Title Sheet <br />26-02 Typical Section <br />26-02 Street Summary <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 07/09/2026 01:00 PM <br />Form Started By: Joe Feriancek Started On: 07/06/2026 08:00 AM <br />Final Approval Date: 07/09/2026 <br />