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$1,050,000. <br />FINANCIAL IMPACTS <br />The Street Infrastructure Fund interest earnings support the local street Mill and Overlay <br />program. Due to current construction costs this level of program may be in jeopardy for future <br />years due to lower interest earnings. MSA street overlays are proposed to be funded from the <br />City's MSA account. Utility improvements are funded from the respective Utility enterprise <br />accounts. <br />The sealcoat, crack sealing, and major patching are funded from the street maintenance budget. <br />This budget is supported by the general fund tax levy and MSA maintenance allocation. Due to <br />stagnant materials budgets we reduced our pavement maintenance by 25 percent for 2009. The <br />2010 pavement maintenance program will be dependent on the final approved budget for 2010. <br />Staff recommends funding a program consistent with our pavement maintenance policies applied <br />in pre 2009 years. We expect material costs to be relatively stagnant as compared to 2009 costs. <br />Sy taking action now, the Council will be authorizing staff to work on plans for the projects as <br />described. As project bids are opened, staff will bring individual contracts to the City Council <br />for approval. A detailed cost breakdown will be included with those Council Actions. <br />STAFF RECOMMENDATION <br />Staff Recommendation: The following improvements are recommended for construction in <br />2010. Additional utility improvements may be identified at a later date and brought to the <br />Council for authorization. <br />Location Fundin Source Cost Estimate <br />Mill and Overla Pro'ects <br />Brenner Ave (Cleveland Ave to Mount Rid e Road) Infrastructure Fund $ 34,272.00 <br />Brenner Ave (Mount Rid e Road to Evel n St) Infrastructure Fund $ 12,784.00 <br />Brenner Court (Old Hi hwa 8 to Cul-de-sac) Infrastructure Fund $ 14,790.00 <br />Cleveland Svc Dr N(Prior Ave to W. Perimeter Dr) MSA $ 69,122.00 <br />Cleveland Svc Dr N(W. Coun Rd B2 to Prior Ave) MSA $147,288.00 <br />Count Road C2 (Cleveland Ave to Cul- de- sac) Infrastructure Fund $ 58,099.20 <br />Count Road C2 (Lincoln Ave to Snellin Ave) MSA $ 36,890.00 <br />Evel n St (W. Count Road D to Brenner Ave) Infrastructure Fund $ 58,752.00 <br />Farrin ton Ave (Owasso Blvd. to Stanbrid e Cir) Infrastructure Fund $ 17,085.00 <br />Farrin ton Ave (Stanbrid e Cir to Millwood Ave) Infrastructure Fund $ 16,575.00 <br />Farrin ton Cir (Transit Ave to Cul-de-sac) Infrastructure Fund $ 29,920.00 <br />Hi hcrest Rd (Brenner St to L dia Ave) MSA $ 29,189.00 <br />Hi hcrest Rd (L dia Ave to Millwood Ave) MSA $ 17,340.00 <br />Hi hcrest Rd (Ma le Lane to W. Coun Road C2) MSA $ 17,918.00 <br />Hi hcrest Rd (Millwood Ave to Ma le Lane) MSA $ 11,560.00 <br />Hi hcrest Rd (W. Count Road D to Brenner St) MSA $ 7,225.00 <br />Kent St (Iona Lane to Woodhill Dr) Infrastructure Fund $ 17,850.00 <br />Laurie Rd (Fernwood Ave to Lexin ton Ave) Infrastructure Fund $ 70,176.00 <br />Lincoln Dr (Coun Road C2 to L dia Ave) MSA $ 89,352.00 <br />Lincoln Dr (Terrace Dr to Count Road C2) MSA $ 57,800.00 <br />Mackubin St (Iona Lane to Woodhill Dr) Infrastructure Fund $ 16,830.00 <br />Mackubin St (Woodhill Dr to W. Count Road C) Infrastructure Fund $ 57,630.00 <br />Millwood St (Western Ave to Farrin ton Ave) Infrastructure Fund $ 27,795.00 <br />Mount Rid e Rd (W. Count Road D to Brenner Ave) Infrastructure Fund $ 59,568.00 <br />Sandhurst Dr (Fernwood Ave to Lexin ton Ave) Infrastructure Fund $ 70,176.00 <br />Page 3 of 4 <br />