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<br />3 <br /> <br />SOURCE OF FUNDS: <br />Street improvements will be funded through the City’s Infrastructure Capital Improvement Fund and <br />special assessments. 50% of street-related project costs are assessed to abutting properties on <br />rehabilitation projects. Utility improvements will be funded through the City’s Infrastructure Capital <br />Improvement Fund. <br /> <br />STAFF RECOMMENDATIONS: <br />Staff recommends that the City Council approve the Resolution Approving Plans and Specifications <br />and Advertisement for Bids for Improvement No. 2023-01, 2023-02, 2023-03, and 2023-05. Bids <br />will be received on March 15, 2023 with a possible award by the City Council on March 22, 2023. <br />