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Staff would recommend award of the sealcoating contracts to Caldwell Asphalt Company, Inc. in <br />the amount of $170,288.16, and to Nu-Surface Company in the amount of $23,490.80. <br />Financial Impact <br />The city's annual sealcoating program is funded from several different sources. These include the <br />General Fund Allocation for street sealcoating, Government Building Reserve Fund, Sealcoating <br />Reserves, and Liquor Store. Through these various sources, the entire sealcoating project will be <br />entirely paid for by budget funds. <br />Attachments <br />• Sealcoat Exhibit <br />Action Motion by Second by Vote <br />Follow Up <br />C:\Documents and Settings\jjohnson\Local Settings\Temporary Internet Files\OLK49\07 20 09 cc memo (4).doc <br />