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<br /> <br />City of Elk River <br />REQUEST FOR COUNCIL ACTION <br />Agenda Section Meeting Date <br />U dates Ma 15, 2006 <br />Item Description <br />U date on Rivers Ed <br /> <br /> <br />Item Number <br />7.3 <br /> <br />Prepared by <br />Bill Maertz, Park and Recreation Director <br />Reviewed by <br />Lori ohnson, Ci Administrator <br /> <br />Introduction <br />Update on Rivers Edge Commons Bid Opening <br /> <br />Discussion <br />Council authorized advertisement to bid for construction of River's Edge Commons based on an <br />engineers estimate of $793,000. Six bids were submitted. Two of those were incomplete and thus <br />rejected. The low bid was $1,058,047 by American Liberty Construction of Rockford, MN. <br /> <br />There is a $265,000 shortfall that needs to be addressed before the bid can be awarded. Park dedication <br />funds are inadequate to close this gap. <br />Options: <br /> <br />. Fund this $265,000 from some other source. <br />. Work with contractor on change orders to reduce costs by eliminating some portions of the <br />project <br />. Redesign and re-bid the project. <br /> <br />Staff is meeting with American Liberty Construction on Friday May 13, and will present information <br />regarding these options at the council meeting. Staff believes that delaying this project will result in <br />increased costs. <br /> <br />Council Action <br /> <br />Motion by _ <br /> <br />Second by _ <br /> <br />Vote <br /> <br />Follow Up <br /> <br />C: \Documents and Settings \tallard\Local Settings \ Temporary Internet Files \ OLKF\River's Edge Update. doc <br />