Laserfiche WebLink
1®2 <br /> • MEMORANDUM <br /> DATE: April 10, 2000 <br /> TO: Mayor and Councilmembers <br /> FROM: Michael Morrison, City Manager <br /> ITEM: SILVER LAKE ROAD BRIDGE PROJECT UPDATE <br /> Following is an updated summary of the City's costs for the Silver Lake Road Bridge Project. <br /> Construction is anticipated to start May 8, 2000. The project bid opening was March 22, <br /> 2000. The total cost for the City is estimated to be,$844,629.40. <br /> Improvement 2000 Cost <br /> Engineering $102,000.00 <br /> Median enhancement $ 61,635.00 <br /> Lighting $149,780.00 <br /> New water main, plus replace sidewalk on west side $468,029.60 <br /> New sidewalk on east sidewalk on east side $ 38,573.55 <br /> Highest possible bridge enhancement $ 24,611.25 <br /> Total $844,469.40 <br /> The City has the following revenue available for this project: <br /> Fund 2000 Funding <br /> MSA $250,000 <br /> TIF $270,000 <br /> Water $350,000 <br /> Total $870,000.00 <br /> City Cost $ 844,469.40 <br /> County Cost $ 802,938.00 <br /> Federal Cost $ 718.266.00 <br /> • Total $2,365,673.40 <br />