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ARDEN HILLS CITY COUNCIL WORK SESSION — MAY 12, 2025 6 Councilmember Holden said there are different bonding pots. It depends on which pot the money comes from. There isn't always a match. If it's the State General Fund there is a match. There are other bonding pots that would not require a match. Mayor Grant asked if Councilmember Holden believes there will be bonding in this legislative session. Councilmember Holden said she does. Councilmember Monson wants to make sure the request is appropriate. She asked if Councilmember Holden is working with the Governor's office to understand where the money would come from. Councilmember Holden confirmed. Councilmember Monson asked if she will keep the rest of Council up to date on her discussions. She noted she is happy to support with outreach. She wants to make sure the math is right, at the end of the day. Councilmember Holden said it's hard to report anything other than she wants to make sure we know what our match would have to be depending on where it came from. Mayor Grant said we are in the 11t' hour of the State Legislative Session. He said this is a project that we have gotten the lion's share of funding for. We don't want to let that funding lapse. He assumes everyone wants to move forward. Councilmember Rousseau confirmed her interest in moving forward, working on this trail. If we end up in a situation where we receive $0 from the legislature for bonding, she would be interested in looking at bonding through the City to spread it out a little further. Councilmember Holden said the most the City will owe is $1.2 million. Councilmember Monson is in favor of moving this project forward. She would like to see what the MSA status is, for the next discussion. There was information in the memo that some of the $1.2 million would be MSA eligible. She would like to understand the status of that bucket. Mayor Grant said we are behind in MSA monies. They can be advanced, if they exist. He asked Public Works Director/City Engineer Swearingen and Mike McGarvey to move the discussion forward to the next step. Mike McGarvey said based on the construction value of $3.2-$3.5 million, typically 20% of that will be total engineering costs. That is roughly $640,000-$700,000. To date, they have spent $226,000 on the current contract which brought it to 90% completion. The remaining tasks for this year are the right of way work, permitting, final design, and construction documents ready for bid this winter, roughly $150,0004175,000. There would be $300,000-$350,000 for construction administration. That would be in 2026 and that uses up the total budget. Next steps will be to wrap these items into one contract. If we want to spread things out a little bit, we could hold off on the Construction Administration until sometime in the winter when the projects are bid. The