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AGENDA ITEM 7F <br />• STAFF ORIGINATOR: James E. Studenski, City Engineer <br />COUNCIL MEETING DATE: August 12, 2002 <br />TOPIC: Resolution No. 02 -92, Receive Quotes and Award Contract, Holte Pond <br />• <br />VOTE REQUIRED: 3/5 Vote Required <br />BACKGROUND: <br />Quotes were received and publicly opened on August 6, 2002. The results of the <br />quotes are presented below. City Council action is required to award a contract to the <br />lowest responsible bidder. <br />Contractor Amount of Bid <br />Ro -So Contracting, Inc. $27,300.00 <br />Penn Contracting, Inc. $32,320.00 <br />W. B. Miller, Inc. $39,895.00 <br />This project was part of the 2001 Surface Water Management Projects and was <br />separated out due to easement issues. <br />The funding for this work is provided by the Surface Water Management Fund. This <br />fund was established in 1992 as a revenue source in order to meet the "administrative, <br />planning, ponding, mitigation, and water quality needs" of the City. It is reimbursed <br />through assessments to new subdivisions and is also collected as property owners <br />connect to City utilities. <br />OPTIONS: <br />1. Return to staff for further review. <br />2. Adopt Resolution Number 02 -92, accepting quotes and awarding a contract to Ro- <br />So Contracting, Inc. for the Holte Pond project. <br />3. Not adopt Resolution No. 02 -92. <br />RECOMMENDATION: <br />Option No. 2 - Staff recommends adoption of Resolution Number 02 -92. <br />