Agenda Packets - 1990/07/16 - Laserfiche WebLink

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NOV 09 '90 15:05 EPW Irl! P.4 . r Honorable Mayor and City Councilmembers July 10, 1990 Page 3 • placed on the pathway because of heavy usage by school-aged children. Alterna- tive 3 improvements to the I-35W bridge are illustrated in attached Exhibit 2. The proposed pathway improvements are shown In attached Exhibit 3. ESTIMATED COSTS The estimated project costs for the pathway construction with Alternative 3 I-35W bridge improvements are presented below. Please note that a 35 percent allowance has been included in determining the total project cost to allow for indirect costs such as engineering, administration, legal and contingency items. Item Unit Number Item Quantit Price Extension 1 Bituminous Pathway 1,380 SY $ 8.50 $ 11,730.00 8' wide 2 Retaining Wall Construction 150 SF 25.00 3,750.00 (At 'Approaches to I-35W Bridge) 3 I-35W Bridge Improvements 1 LS 20,000.00 20,000.0 (Alternative 3) Subtotal $ 35,480.00 35% Indirect & Contingency 12,420.00 Total Project Cost $ 47,900.00 METHOD OF FINANCING It is proposed that the total cost for the project be financed by the City of Shoreview and the City of Mounds View in accordance with the proposed Joint Powers Agreement. Based on the cost split detailed in the agreement, and the cost estimate presented in this report, the City of Shoreview would be responsi- ble for approximately $19,130 of the total project cost of Phase II, while the City of Mounds View would be responsible for the remaining Phase II cost of $28,770. The cost of the Phase I improvements in Shoreview previously identified will remain City of Shoreview costs. SUMMARY AND RECOMMENDATIONS The bituminous pathway construction presented in this report is a feasible addi- tion to the current City of Mounds View and City of Shoreview pathway systems and will provide a needed extension of the proposed pathway detailed in our