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residents and structures as well as protect the integrity of conveyance channels and storm water <br />32 <br />detention areas. This project is also consistent with City water quality goals. <br />33 <br />FI <br />INANCIALMPACTS <br />34 <br />The total estimated construction cost is $100,000; each rate control pond is estimated at $50,000. <br />35 <br />The RCWD cost-share is $48,756, or up to 50% of construction project costs. The balance of <br />36 <br />this project, approximately $51,244, is proposed to be paid for using Storm Water Sewer <br />37 <br />Infrastructure Funds. <br />38 <br />SR <br />TAFF ECOMMENDATION <br />39 <br />Staff recommends the Council authorize acceptance of the cost-share funds for the Fairview <br />40 <br />Area Drainage Improvements Project. <br />41 <br />RCA <br />EQUESTEDOUNCILCTION <br />42 <br />Motion accepting cost-share funds from the Rice Creek Watershed District in the amount of <br />43 <br />$48,756 for the Fairview Area Drainage Improvements Project. <br />44 <br />Prepared by: Kristine Giga, Civil Engineer <br />Page 2 of 2 <br /> <br />