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. This would~ve a deficit of $ 13,100.00 construction <br />funds plus 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 widths and eliminating <br />the West end of North "H" Gt., as in Option No. lz <br />Construction Costs: <br />North "H" fit. $ 448,232.00 <br />North "P" Gt. 529,239.00 <br />Lomax Gchool Rd. 136,730.00 <br />Total $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 />Other notions <br />but these two <br />are contigent <br />~..•. accepting a cl <br />~[ work, without <br />bid . <br />are open to the Council, at their suggestion, <br />options are our reco;~mendations. These <br />on McKey Construction & '/quipment, Inc., <br />range order reducing the scope of their <br />any increase in unit prices as per their <br />Respectfully submitted; <br />H. Carlos~Gmith-Engineers & ~rveyors, Inc. <br />G%~~- .. <br />~~~ <br />H. Carlos Gmith, P.E. <br />President <br /> <br /> <br />