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-288— <br />Financing: <br />The cost of the project is estimated to be approximately $50,000 and could be <br />appropriated from the 2007 Street Maintenance Program Surplus. <br />Recommendation: <br />Staff recommends utilizing $50,000 from the surplus 2007 Street Maintenance Program <br />budget for the the paving of the 160 Lane Paving Project. Staff further <br />recommends that contract documents be updated and that the project be advertised for <br />bids. <br />Action: <br />Motion to recommend to City Council that staff be directed to update contract documents <br />for Improvement Project 06 -12, 160 Lane Street Extension and that the project be <br />advertised for bids. <br />Reviewed By: <br />Director of Public Works/Principal City Engineer <br />Finance Officer <br />Community Development Director <br />PW: 09/18/07 <br />