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Similar to the previous table, the table below shows the project costs at various stages of the
<br />project, grouped into five broad categories.
<br />Task Feasibility Report Final Design As-Bid
<br />Construction Costs
<br />(Streets & Utilities)$1,226,827 $1,346,892 $1,329,211
<br />Contingency $122,683 $134,689 $66,461
<br />Engineering $242,912 $266,685 $251,221
<br />Testing $32,500 $32,500 $32,500
<br />Appraisals $23,000 $23,000 $23,000
<br />Total Project Cost $1,647,921 $1,803,765 $1,702,392
<br />Funding for this project comes from a combination of Special Assessments, the Capital
<br />Infrastructure Improvement Fund, and the Coronavirus Response and Relief Supplemental
<br />Appropriations Act. The table below identifies the “as-bid” impact on the City’s Capital
<br />Infrastructure Improvement Fund.
<br />Infrastructure Capital Improvement Fund (ICIF)
<br />Task As-Bid
<br />ICIF Needs
<br />Current CIP
<br />ICIF Allocation Difference
<br />Maple Ln & Jackson St $176,243 $182,100 $5,857
<br />Yorkton Ridge $192,056 $193,700 $1,644
<br />Woodlynn Avenue $382,484 $342,482 -$40,002
<br />Ryan Drive $33,809 $282,000 $248,0001
<br />Total Project Cost $784,592 $1,000,282 $215,690
<br />1 Note: Approximately $150,000 is owed to the Ramsey-Washington Metro Watershed District,
<br />as the city’s share for the Ryan Drive Culvert Replacement Project. This is a cost outside of this
<br />construction contract and will be paid for with the remaining CIP funding that was budgeted.
<br />SOURCE OF FUNDS:
<br />Street improvements will be funded through the City’s Infrastructure Capital Improvement Fund,
<br />and special assessments. Utility improvements will be funded through the City’s Infrastructure
<br />Capital Improvement Fund. Coronavirus Response and Relief Supplemental Appropriations Act
<br />funds in the amount of $36,618 will also be used to fund these improvements.
<br />STAFF RECOMMENDATIONS:
<br />Staff recommends that the City Council award the bid to OMG Midwest, Inc. in the amount of
<br />$1,329,210.94.
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