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Department Approval - <br />W <br />Date.- 2/1,0/2003 <br />Item No: IX A* <br />Manager Approved: IN <br />Agenda Sectio�n,. <br />I <br />Item, Descri"ption.1 Awarding the Bid for the City7s $9.7 Million Facility Bond <br />Background <br />In November, 2002, thel citiozeris of' Rosev"lle approved by referendum, tliei i,ssivancile of $9.,7 <br />191 <br />nullion "in General Obligation Bonds to an,ce the comtruction of a public safety addition to <br />#1 091 to <br />City Hall and renovation of the, Public Works Builcilng. <br />On January 13, 200i3 ffie City Council authonized the �uamce of the bloind,s.1 and set the sale date <br />of Monday, February 10, 20103i., Bids, will be submitted on the mornmog of February 10, 20,033, <br />0 <br />"th, the results, <br />o t be presented at the Council meeting later that evening.i <br />wi I <br />fj <br />Counci I I Action Requested <br />1) Approve the attached Resolution accepfing the bid, and award the General Obligation <br />Bonds, in the amount, olf'$9.7 rni-Iii-on to, the lowest bidder. <br />