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accordance with plans and specifications. <br />1 t • A resolution by the City Council accepting the contract and beginning the one -year warranty. <br />19 FINANCIAL IMPACTS <br />20 The final contract amount, $760,456.68, is $37,501.96 more than the awarded amount of <br />21 $722,954.72. This represents an increase in the contract of 5.2 %. The cost increase is the result <br />21, of the need for additional drainage improvements along the segment of Fairview Avenue <br />L., between Skillman and Roselawn Avenue. See table below for project funding summary. <br />2i <br />Funding <br />Total <br />Federal Funds <br />$52000.00 <br />University of Minnesota <br />$84,767.24 <br />Roseville IT <br />$54,780.96 <br />Roseville Storm Sewer infrastructure Funds <br />$89,671.10 <br />Falcon Heights <br />$11,237.38 <br />Total <br />$760,456.68 <br />STAFF RECOMMENDATION <br />26 The work was completed in accordance with project plans and specifications, staff recommends <br />2'1� the City Council approve a resolution accepting the work completed as the Fairview Pathway <br />2g Project (aka Northeast Suburban Campus Connector Bike/ Pedestrian Project)- Phase 1, and <br />29 authorizing final payment. <br />3C REQUESTED COUNCIL ACTION <br />Approve the resolution accepting the work completed as Fairview Pathway Project (aka <br />{ Northeast Suburban Campus Connector Bike/ Pedestrian Project)- Phase 1 and authorizing final <br />payment. <br />Prepared by: Kristine Giga, Civil Engineer <br />Attachments: A: Resolution <br />B: Certification from City Engineer <br />Page 2 of 2 <br />