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The estimated project costs including contingencies and overhead are as follows: <br />Colonial Woods <br />Pine Haven <br />Diane Street and Evergreen Trail <br />Tota I <br />$4,024,209.00 <br />$3,336,193.00 <br />$327,000.00 <br />$7,687,402.00 <br />Funding for the project will be from property tax levy, the City's Area & Unit Trunk Fund, Storm <br />Water Utility fund, and special assessments. The project will be financed by the issuance of <br />Street Reconstruction and Utility Revenue Bonds. Special assessments to the benefitting <br />properties are for a portion of the sewer and water extension cost as presented in the Colonial <br />Woods and Pine Haven Feasibility Studies. <br />RECOMMENDATION <br />Staff is recommending approval of Resolution No. 24-161, Order Project, Approve the Plans and <br />Specifications and Authorize the Ad for Bid for the 2025 Street Reconstruction and Sewer and <br />Water Extension Project. <br />ATTACHMENTS <br />1. Resolution No. 24-161 <br />2. Construction Plans <br />