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financed utilizing Park Dedication Funds. The remaining amount is to be derived <br />from other sources. This was passed unanimously. <br /> <br />The City has currently expended a total of $19,600 for the plans and <br />specifications for this project. The remaining estimated cost of construction, <br />including all related costs, is $227,000 – for a total estimated project cost of <br />$246,600. <br /> <br />Based on the Commissioner’s recommendation, the funding sources would be: <br /> <br />Park Dedication Fund $160,300 <br />Other sources (most likely Special Project Fund) $ 86,300 <br />TOTAL $246,600 <br /> <br />The 2005 budget (Account No. 285-4470-3030) has $180,000 under Park <br />Dedication Fund for the construction of the Groveland Park Building. <br /> <br />Also, the Special Project Account of the 2005 budget (Account No. 280-4180- <br />7050) has $12,000 for a City Hall Irrigation System, $50,000 a Park Lighting <br />Project, $20,000 for pathway rehabilitation, and $70,000 for extending the County <br />Road H2 pathway east of County Road 10. A total of $152,000 in budgeted <br />expenditures that is not anticipated to occur in 2005. <br /> <br /> <br />Waive Public Improvement Hearing – Financing for the Groveland Park <br />Building Replacement Project will be derived entirely from City funds. Because <br />assessments are not a funding source, Staff is requesting that the public <br />improvement hearing be waived. <br /> <br /> <br />Order the Project – Should the Council wish to proceed with this project, the <br />next step in the public improvement process is to order the project. <br /> <br /> <br />Advertise for Bids – As per state statute, with an estimated contract amount in <br />excess of $100,000, publication must be made at least three weeks before the <br />last day to submit bids. The advertisement must be published at least once in the <br />official newspaper and at least once in either a trade paper or a newspaper that <br />is published in a first class city. Given this, Staff seeks authorization to advertise <br />for bids. <br /> <br /> <br />Bid Date – A July 14, 2005, 10:00 a.m. bid date will provide ample time to <br />provide the required notification to contractors as per state statute. <br /> <br /> <br /> <br /> <br />