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Fitol Hintz Construction, Inc 1 $688,328.00 <br />In 2002, the City applied for and received federal funding for the streetscape project. The <br />federal funds available for this project are $1,130,000. These federal funds can provide up to an <br />50120 match. These funds are only available to be used for the County Road C streetscape <br />Project as described in the approved Project Memorandum and are not available to the City for <br />any other use. The project will be financed as follows: <br />Federal Construction Funds (80 %) <br />$463,942.22 <br />Local Construction Funds (20 %) <br />$115,985.55 <br />Total Estimated Construction Cost <br />$579,927.77 <br />STAFF RECOMMENDATION <br />Approval of a resolution awarding bid for the County Road C streetscape Project in the amount <br />of $579,927.77 to Park Construction Co, of Hampton, Minnesota. <br />REQUESTED COUNCIL ACTION <br />Approval of a resolution awarding bid for the County Road C streetscape Project in the amount <br />of $579,927.77 to Park Construction Co, of Hampton, Minnesota. <br />Prepared by: Debra Bloom <br />Attachments: A: Resolution <br />Page 2 of 2 <br />