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SILL -17 -1998 15:23 P. ©2/92 <br /> Mr. Jim March <br /> July 17, 1998 <br /> Page 2 <br /> Dupre Road Connection $14,052.50 <br /> Center Street Watermain Extension $11.187.50 <br /> Watermain Extension to Senior Housing $28,146.25 <br /> Parkview Development Project $360.775.00 <br /> Total $414,162.25 <br /> As the comparison 'indicates, the bids received are higher than the estimates from the <br /> feasibility study. Below Is a table comparing the costs for the Development project only. <br /> stem Feasibility Study Bid <br /> Street and SidewalkrTrab $174,887.50 $214,008.50 <br /> Sanitary Sewer $69,335.00 $61,398.00 <br /> Storm Sewer $40,220.00 $54,535,00 <br /> Watermain $76.332.50 $82.058,90 <br /> Total $360,775,00 $411,998,40 <br /> As shown above, street Costs were significantly higher than originally estimated. <br /> accounting for the higher bid prices. We will discuss this with the Contractor and provide <br /> Infiurmation to the Council at the July 22 City Council meeting, <br /> Vie. will be in contact wth Mr. Rick Carlson to discuss the bids and proposed <br /> assessments, Assuming an assessment amount can be agreed to with Mr. Carlson, we <br /> will recommend award of the contract to Bonine Excavating at your July 22" City <br /> Council meeting. We further recommend the award be made contingent upon <br /> co of grading operations on the site. This would aliow us to verify that the <br /> grading is complete and give notice to proceed to the contractor prior to the August 12 <br /> Ci!y Council meeting, <br /> We will be In attendance at the July 2V City Council meeting to answer any questions <br /> yo:i have about the above information and the award of the contract. <br /> Sincerely, <br /> Howard R. Green Company <br /> David E. Nyberg, F.E. <br /> Pmjeot Manager <br /> DEN/st <br /> Howard R, Green Company <br /> O:URDJ\28008Sm1089.1705 dy.66C CONSULTING ENGINEERS <br /> TCTRL P.02 <br />