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<br />FEB- 3-93 WE 1:1 S:34 MAIER STEWART ~ ASSOC:... P... &.21 :~: <br /> V V <br />. CIry OF ARDEN HIllS <br /> J~NUARY 15, 1990 <br /> P~GE EIGHT <br /> The two street improvement programs are shown by Exhibit 3. Note that <br /> the total estimated project cost for both the 1990 and 1991 programs exceed <br /> S100.000. We anticipate that bids for the work could come in slightly lower <br /> given a good bidding environment. We have set up the programs in <br /> anticipation of completing as many streets as possible. However, if bids <br /> received exceed the project budget, streets may be deleted until the project <br /> is within budget. From an administrative standpoint, it is easier to set up <br /> a program and scale it down than to set up a small program and add streets <br /> after bids are received, <br />. You will also note that the preliminary 1991 seal coating program <br /> includes two streets, Beckman Avenue and Lake Lane. which are somewhat <br /> separated from the rest of the streets to be seal coated. The area <br /> surrounding these two streets was included in the 1988 program. However, <br /> these two streets, which also are rated in need of seal coating, were <br /> omitted. Since many other areas also need seal coating, seal coating will <br /> likely not occur again in this area for five to seven years. Beckman Avenue <br /> and Lake Lane should be seal coated long before then however, so they have <br /> been included for 1991. <br /> ft is important to note that no streets rated in the Study as needing <br /> reconstruction are included in the 1990 or 1991 street improvement programs. <br /> These streets are not included since an annual budget of S100,OOO is not <br />. sufficient to address reconstruction needs. The Study currently estimates <br /> reconstruction needs of nearly $970.000. A re-rating of the City streets <br /> would certainly increase this estimate to well over $1,000.000. <br />