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<br />Memorandum <br />July 28, 2003 <br />Page 2 <br /> <br />. <br /> <br />Project Cost <br />The Estimated total project cost for this improvement is $65,000. The proposed funding package <br />includes 50"10 coming from the City's Storm Water Enterprise Fund and 50% from a Lake <br />Improvement district to be created by the City. Rice Creek Watershed will be approached for <br />funding as well however they have not committed to any contribution at this time. <br /> <br />Project Schedule <br />This project will be bid in conjunction with the Lift Station 7 improvements project authorized at <br />the Council Worksession. The following is the proposed schedule. <br />Neighborhood Information Meeting Week of August 4, 2003 <br />Advertise for bid August 15,2003 <br />Establish Lake Improvement District September 29, 2003 <br />Award Contract September 29,2003 <br />Begin Construction October 6, 2003 <br />Begin Pumping November 10, 2003 <br />Complete Construction (restoration) May 29,2004 <br /> <br />Weare proceeding with final design based upon the above parameters. We will be able to make <br />adjustments to the project based upon the results of the neighborhood meeting prior to . <br />advertisement for bids, however changes to the project scope may alter the schedule and cost <br />detailed above. <br /> <br />If you have any questions please call me at 612-373-6479. <br /> <br />. <br />