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Page 3 of 3 <br /> <br />Items remaining <br />Barrier at Freeway Park *(see note below) $15,000 <br />Arden Oaks Park swing set modification $1,700.00 <br />Freeway Park Playground Surfacing (Engineered Wood Fiber) $9,200.00 <br />Park Site Amenities (estimate) $23,000.00 <br />Total Estimated Project Cost $554,818.78 <br /> <br />Over CIP Budget $79,818.78 <br /> <br />There are sufficient funds available to cover the additional $79,818.78 over the budgeted <br />amount. <br /> <br />*The City had received a donation of $15,000 from the Spring Lake Park Lions Cub and the <br />desire was to put the funds towards a barrier along the MnDOT on-ramp for MN-51. After <br />further Council discussion the direction was to pursue installing a chain link fence. Staff recently <br />received confirmation from MnDOT that they included the installation of a chain link fence <br />along the on-ramp of MN-51 with their construction project in 2026 at no cost to the City. <br />Council will need to discuss again where to apply the SLP Lions Club donation. That could be <br />applied to the general Park Improvements which would lower the over budget amount to <br />$64,818.78* <br /> <br />Attachments <br /> <br />Attachment A – Resolution 2025-035 <br />Attachment B – Construction Agreement Contract <br /> <br /> <br /> <br /> <br />