HomeMy WebLinkAbout2016-137 CCRRESOLUTION NO. 2016-437
2. The estimated project costs and revenues are as follows:
Amended
COSTS Estimated per Low Bid
Contract $537,000.00 $472,151.75
Lighting $ 37,800.00 $ 37,800.00
Contingency $ 86,100.00 $ 76,400.00
Subtotal Construction Cost $660,900.00 $586,351.75
AdminlLegal/Engr.$ 99,100.00 $ 99,100.00
Total Estimated Project Cost $760,000.00 $685,451.75
Amended
REVENUES Estimated per Low Bid
Street Assessment $300,139.60 $300,139.60
Sanitary Sewer Utility $ 10,000.00 $ 9,475.00
Water Utility Fund $ 10,000.00 $ 9,890.00
Storm Drainage Utility Fund $ 50,000.00 $ 28,075.00
Street Light Utility $ 50,000.00 $ 50,000.00
Municipal State Aid (MSA)$339,860.40 $287,557.15
Miscellaneous $ -0-$ 315.00
Total Estimated Revenue $760,000.00 $685,451.75
September 12, 2016
Date
ATTEST: )1\4 *Yv\L
City Clerk
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Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
April Graves
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, April Graves, Kris Lawrence-Anderson, Lin Myszkowski
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.