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65 Staff received eight bids for this project. The low bid submitted by Meyer Contracting, Inc., in the 66 amount of $2,421,324.80, is 20.7% lower than the engineer’s lowest construction estimate of the two 67 alternatives of $3,052,795.80. 68 Overall costs for the final project are estimated as follows; Construction Costs $2,421,324.80 Stockpile Costs $61,200.00 Design Costs $54,270.00 Surveying/Testing$31,136.00 Contingency 5%$121,000.00 TOTAL $2,688,930.80 69 Funding for the project is as follows; Cost Agency Participation RCWD– Ad Valorem Funds (32% of project costs up to $640,000) $630,000 RCWD– Assessments to sub watershedproperty owners $450,000 Adjacent New Development $1,608,930.80 City of Roseville Storm Sewer Funds$0.00 Total Cost $2,688,930.00 70 For the RCWD assessment portion, $56,000 of the assessment is to the City of Roseville for city 71 owned parcels or right-of-way that contributes drainage to the ditch. 72 The City will need to use its own funds to front the assessment contribution from the Watershed 73 District ($450,000). The City will use storm water funds to do this, and the fund will be paid back, 74 with interest, by the District as it collects the assessments via property tax payments. 75 This project is proposed to be completed by the end of September 2021. 76 S TAFF R ECOMMENDATION 77 Staff recommends approval of a resolution awarding a contract for the RCD 4 Storm Sewer and 78 Twin Lakes Trail Improvements based on “Base Bid + Alternate B” in the amount of $2,421,324.80 79 to Meyer Contracting, Inc. 80 R EQUESTED C OUNCIL A CTION 81 Approve resolution awarding a contract for the RCD 4 Storm Sewer and Twin Lakes Trail 82 Improvements based on “Base Bid + Alternate B” in the amount of $2,421,324.80 to Meyer 83 Contracting, Inc. 84 Prepared by: Jesse Freihammer, City Engineer/Asst. Public Works Director Attachments: A: Resolution B: Location Map Page 3 of 3