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<br />ARDEN HILLS CITY COUNCIL - January 12, 2009 <br /> <br />17 <br /> <br />Mr. Thomas stated that the estimate was not factored down but rather based on <br />current market trends and bid results. The current estimate is about 20% lower than <br />it would have been a couple of years ago. <br /> <br />Councilmember Grant asked how waiting with the construction phase of the <br />project will affect the pricing of the bituminous. <br /> <br />Mr. Thomas stated that prices for bituminous are volatile and the price does <br />change. The price has peaked at $80.00 per ton and is currently estimated at $55.00 <br />per ton. The estimated $55.00 per ton is conservative. <br /> <br />Councilmember Grant asked how many tons were included in the budgeted <br />amount. <br /> <br />Mr. Thomas stated that 5000 tons were budgeted for. <br /> <br />Councilmember Holden asked what the estimated assessment amount was that <br />was provided to the residents at the first community meeting in 2007. <br /> <br />Civil Engineer Giga stated that the estimated assessment amount was $9800. <br /> <br />Mayor Harpstead stated that he would like to see the bids before any decisions are <br />made about continuing with the project. <br /> <br />The motion was called to a vote. The motion carried unanimously (5-0). <br /> <br />8. UNFINISHED BUSINESS <br /> <br />None. <br /> <br />9. COUNCIL COMMENTS AND REQUESTS <br /> <br />Councilmember Holden asked when the meeting with Harry Brull would be held. <br /> <br />City Administrator Moorse stated that Mr. Brull had sent the City an evaluation <br />form that needed some work and he would work on this and get back to the <br />Council. <br /> <br />Councilmember Holden asked that a date for the meeting be set. <br /> <br />City Administrator Moorse stated that he would set up a date. <br />