Laserfiche WebLink
2ty of <br /> <br />iver <br /> <br />ITEM 7.2. <br /> <br />MEMORANDUM <br /> <br /> Mayor & City Council <br />FROM: Pat Klaers, City Administrator <br />DATE: February 18, 1997 <br /> <br />SUBJECT: Authorization for Bids/Northbound <br /> <br />Provided that the City Council approves the conditional use permit for the <br />Northbound Liquor Store project, it is recommended that the City Council <br />authorize the architect and construction manager to go out for bids. It is <br />tentatively scheduled that bids will be accepted until some time in mid <br />March and that they will be opened, reviewed, analyzed, and presented with <br />a recommendation to the City Council on April 7, 1997. In this manner we <br />can begin construction early in the spring and be completed by October, 1997. <br />Attached for your review is the most recent draft of the advertisement for <br />bids, the work schedule on this project until the April 7th Council meeting, <br />the budget, etc., for this project. Also attached is a set of plans for the <br />project. A larger set is available in the Planning Department if the Council <br />would like to take a look at them. <br /> <br />Between now and when the bids will be opened, the finance department will <br />do a detailed analysis of the funding for this construction project and the <br />bonding that is necessary. We now feel that the total project is in the $1.4 - <br />1.45 million range. The length of the revenue bonds will depend on the <br />amount of money that is available to "buy down" the project along with the <br />amount of profits that are annually available for debt payment. <br /> <br />X\elkriver\sys\shrdocXcouncil\authbids.doc <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />