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FI <br />INANCIAL MPACTS <br />225 <br />The fire station as designed can be completed for the estimated 8 million construction cost <br />226 <br />discussed throughout the project. The unanticipated aspects of this project as referenced above <br />227 <br />have an additional cost of $1,013,908. <br />228 <br />Total fire station project cost is $9,013,908 <br />229 <br />Should council decide not to include the geothermal heating option the total project cost with <br />230 <br />bond, litigation and delay costs will be $8,620,308 <br />231 <br />SR <br />TAFF ECOMMENDATION <br />232 <br />Staff recommends Council approve the fire station project as described, authorize award of <br />233 <br />construction contracts as listed above for all areas of project construction, and approve the <br />234 <br />additional funding necessary for sections two through four in the amount of $1,013,908 for a <br />235 <br />total project cost of $9,013,908. <br />236 <br />237 <br />RCA <br />EQUESTED OUNCIL CTION <br />238 <br />Motion to approve the fire station project as described, authorize award of construction contracts <br />239 <br />as listed above for all areas of project construction, and approve the additional funding necessary <br />240 <br />for sections two through four consisting in a total project cost of $9,013,908. <br />241 <br />242 <br />243 <br />Prepared by: Timothy O’Neill, Fire Chief <br />244 <br />245 <br />Attachments: A: Presentation <br />246 <br /> B: Bid Tabulation <br />247 <br />Page 6 of 6 <br /> <br />