04-20-2020-WS - Laserfiche WebLink

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Page 2 of 2 An opinion of probable costs (preliminary construction cost estimate) based on 60 percent complete design of the proposed improvements is provided in Attachment B. A summary of the total project cost estimate is provided in the following table. Construction Cost Estimate: $242,360 Engineering and Surveying: $ 41,140 Construction Administration: $ 5,400 Material Testing: $ 1,500 Security Camera and Setup: $ 4,800 Contingency: $ 4,000 Total Estimated Cost: $299,200 Financial Impact The preliminary project cost estimate as provided above is approximately $119,400 more than the current project budget provided in the 2020 Capital Improvement Program of $175,000 plus the estimated operating budget cost for the security camera at $4,800. The CIP identifies the project funding source as the Equipment and Building Maintenance Fund. Council Direction Three options are offered to address the deteriorating condition of the parking lot. 1. Reconstruct the parking lot as proposed above at an estimated cost of $299,200 2. Reconstruct the parking lot as proposed in Option 1, but eliminate the replacement of the two light poles within the center of the parking lot ($9,000) and reduce the amount of curb and sidewalk replacement ($7,000) at an estimated cost of $283,200. 3. Reconstruct the parking lot as proposed in Option 2, but provide additional reductions in drainage improvements ($13,500) at an estimated cost of $269,700. While traditional mill and overlay resurfacing is a possibility for a portion of the parking lot, this option is not recommended as being cost effective due to the condition of the existing pavement. Staff is seeking direction from the Council to determine the preferred option for the parking lot improvements. Attachments Attachment A – Parking Lot Layout Plan Attachment B – Preliminary Opinion of Probable Construction Costs Attachment C – Example of Parking Lot Lighting Unit