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Liabilities:  <br />  <br />There is increased potential for negative water quality impacts with increasing age and deterioration of any water There is increased potential for negative water quality impacts with <br />increasing age and deterioration of any water <br />tank.  <br />  <br />  <br />Operating Costs:  Operating Costs:  <br />  <br />There will be a slight decrease in operating costs with replacement.  Extending the life of the existing tank will There will be a slight decrease in operating costs with replacement.  <br />Extending the life of the existing tank will <br />necessitate increased maintenance.    necessitate increased maintenance.     <br />Action Required of Council:Action Required of Council: <br />Consider approval or other action to award Bid No. 14015 to Schier Construction Co. in the amount of $204,500 Consider approval or other action to award Bid No. 14015 to Schier Construction <br />Co. in the amount of $204,500 <br />and authorize an additional $20,500 allocation to be utilized as a project contingency for a total project authorization and authorize an additional $20,500 allocation to be utilized <br />as a project contingency for a total project authorization <br />of $225,000 and reject the bids received for the welded steel tank alternate.     of $225,000 and reject the bids received for the welded steel tank alternate.      <br />Approved for City Council AgendaApproved for City Council Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />