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Policy HI Continued <br />ENGINEERING COSTS <br />^ Inspection--------------------------------$15,000 <br />^ Surveying and staking----------------- $11,000 <br />^ Project Administration---------------- $7,500 <br />TOTAL <br />$33,500 <br />FUNDING SOURCES <br />^ Sherman &Associates------------------$150,000 <br />^ MNDoT Cooperative Agreement----- $39,986 <br />^ Municipal State Aid-------------------- $66,398 <br />^ City of Falcon Heights----------------- $168,083* <br />TOTAL <br />$424,468 <br />* Storm Sewer Enterprise Fund has $200,000 Budgeted for Curtiss Field in 2004 <br />PROJECT BENEFITS <br />^ Reduced flooding <br />^ Increases recreation opportunities <br />^ Pond area will be dry much of the time <br />• Visually enhances neighborhood <br />^ Creates pedestrian link to SE corner redevelopment <br />^ Saves the cost of reconstructing this portion of Snelling Drive ($56, 845) <br />^ Reduces cut through traffic <br />ATTACHMENTS: <br />^ Plan sheets: Landscaping and High Water projections on pages ~y~ <br />ACTION REQUESTED: <br />• Approve the final plan for Curtiss Field and authorize staff to solicit bids <br />• <br />3Y <br />