Laserfiche WebLink
<br />• <br />This wou~ leave a deficit of $ 13,100.0~n construction <br />funds p1uG a contingency allowance of $60,000.00 or a <br />total deficit of $75,000.00 to be obtained from other <br />than bond funds to safely complete this option. <br />Option No. 2: <br />The second option would be to construct only the three <br />major streets; North "P" Gt., North "H" Gt. and Lomax <br />Gchool Road, at the reduced xidths and eliminating <br />the West end of North "H" Gt., as in Option No. 1~ <br />Construction Costs: <br />North "H" fit. <br />North "P" Gt. <br />Lomax school Rd. <br />Total <br />$ 448, 2 32.00 <br />529,239.00 <br />136,730.00 <br />$1,114,201.00 <br />This would leave a balance of bond funds of $132,843.00 <br />for contingencies and the posibility of constructing <br />some of the shorter streets. Our recommendation would <br />be to construct Valley View, which is also a feeder <br />street, at a construction cost of $67,123.00, which <br />would leave a contingency fund of $ 65,720.00. <br />• <br />Other options are open to the Council, at their suggestion, <br />but these two options are our recommendations. These <br />are contigent on hicKey Construction & Equipment, Inc., <br />accepting a change order reducing the scope of their <br />work, without any increase in unit prices as per their <br />bid . <br />Respectfully submitted: <br />H. Carlos ~r-ith-Engineers & Gurveyors, Inc. <br />Cn6%~i~ v <br />??. Carlos smith, P.E. <br />T~esident <br />• <br />