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Note the total estimated project cost in July of 2005 was $330,300. This bid <br />represents a total estimated decrease in overall project cost of $64,800 — or <br />nearly 20%. <br />Recommendation: <br />It is recommended the City Council approve a resolution to award a construction <br />contract and authorize a letter of agreement with TKDA for the Groveland Park <br />Building Replacement Project. <br />Respectfully Submitted, <br />Greg Lee, Director of Public Works <br />