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improvements, Segment 3 'includes some minor modifications to the Ifi h School parking lot requeste d by <br /> the School District. <br /> Policy objectives: Based on past practice, the City Council has awarded the contract to the lowest <br /> responsible bidder. In the case of 1999 Contract A, the lowest bidder is Central Landscaping of Forest <br /> Lake, Minnesota. <br /> Financial implications: we received only two bids for 1999 Contract A. we looked into how our unit <br /> costs compare to 1999 bids from other communities and found that C entral's pricing is consistent with <br /> other bids. Please see attached spreadsheet for a unit cost comparison. The engineer's estimate for 1 999 <br /> Contract A was $116761,409.90, The low hid submitted by Central Landscaping is 1,466,935.19 or 12% <br /> lower than the engineer's estimate. The following is a list of the bids received- <br /> Se ment 1 Segment 2 Segment 3 Total <br /> Central Landsea iri 1,l }993.52 $2441$099.09 $821842.58 $1,466,9-5.1 <br /> T. A. Schifsky & Sons S Y,1 6 1745 6.7 5 $240}5-'37.10 $801828.12 $111482#821. <br /> Contract costs for the 1999 PMP projects, Segment 1 and Segment 2, will be funded using a combination <br /> of general and utility funds, special assessments, and the infrastructure fund. The cost of Segment 3 will <br /> be assessed 100% to the School District and Grace Church. The funding based on actual bids and <br /> including engineering, legal, and administration is summarized as follows: <br /> t <br /> .. r <br /> Funding Bold Engineer's Feasibility Report <br /> Source Amount Estimate Amount <br /> General Fund 9881596 1}13 81804 $ 1,084,526 <br /> Special Assessments 4951091 $ 5681420 4981368 <br /> Infrastructure Fund 217,840 2631674 N/A <br /> Utility Fund $ 2781835 $ 3251480 /A <br /> Total $1198073 6`2 12".1129673 78 /A <br /> r <br />