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City of <br /> Elk - Request for Action <br /> River O. <br /> To Item Number <br /> Mayor and City Council 4.5 <br /> Agenda Section Meeting Date Prepared by <br /> Consent September 15, 2014 Justin Femrite, P.E., City Engineer <br /> Item Description Reviewed by <br /> Accept Bid and Award Contract for Nature's Edge Jere m Barnhart, COD Deputy Director <br /> Business Center, Phase II Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Approve,by resolution,the bid submitted by LaTour Construction,Inc. in the amount of 1,311,227.89 <br /> for the construction of the Natures Edge Business Center Phase II Improvements. <br /> Background/Discussion <br /> As detailed in the attached letter from our Project Manager, Craig Jochum,new bids were received on <br /> August 26, for the construction of public improvements in Phase II of the Natures Edge Business <br /> Center. <br /> If the Council wants to continue with the project, staff supports the Hakanson Anderson's <br /> recommendation to award the contract to LaTour Construction,the lowest responsible bidder. When <br /> approved,we will finalize the contract and proceed with construction this fall. <br /> Financial Impact <br /> The total project cost,including engineering testing and permitting,is $1,425,000. This is $125,000 higher <br /> than the budgeted amount included in the Capital Improvement Plan. The proposed project funding is <br /> as follows: <br /> EDA Development Fund- $568,000 <br /> City Development Fund- $200,000 <br /> DEED Grant $291,000 <br /> Trunk Water Fund - $203,500 <br /> Trunk Sewer Fund - $162,500 <br /> Total Project - $1,425,000 <br /> Attachments <br /> ■ Bid Analysis Letter from Project Manager <br /> ■ Resolution <br /> P a w E A E U s r <br /> NaA f RE] <br />