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Page 2 of 2 <br /> <br />Ramsey County has confirmed that the project design will include additional turning movement <br />controls for the traffic signal at Red Fox Road based on the City Councils request during the work <br />session on August 19, 2019. The signal design will provide an indicator capable of restricting <br />westbound traffic on Red Fox Road from making right turns on red to northbound Lexington Avenue <br />during peak traffic periods. The County will develop specific traffic signal timing plans prior to <br />installation of the signal. <br />The City Attorney as reviewed the proposed Cooperative and Maintenance Agreement document. <br />Staff recommends approval of the agreement. <br /> <br />Budget Impact <br />The total estimated cost of the project is $12,481,894. The City’s cost participation in the project <br />includes an estimated amount of $228,218.76 for easement acquisition and $732,783.60 for <br />construction, for a total amount of $961,002.36. Staff recommends that the city reserve a five <br />percent contingency in funding estimates due to the complex nature of the project, for a total <br />estimated project cost of $1,010,000. The proposed funding sources are summarized in the <br />following table. <br /> <br />PIR Fund (roadway and signal replacement) $ 400,000.00 <br />Special Assessments (new Target Rd signal) $ 187,000.00 <br />State Bonding Funds (water main replacement) $ 423,000.00 <br />Total Estimated Funding $1,010,000.00 <br /> <br />Attachments <br />Attachment A: Cooperative and Maintenance Agreement, Lexington Avenue <br />Attachment B: Ramsey County Public Works Cost Participation Policy <br /> <br /> <br />