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hi Request for Action <br /> 'ver <br /> To Item Number <br /> Economic development Authority 7.1 <br /> Agenda Section Meeting Date Prepared by <br /> Announcements July 21, 2014 Jeremy Barnhart, Deputy Director, COD <br /> Item Description Reviewed by <br /> Natures Edge Business Center Phase II bids Brian Beeman, Director of Economic <br /> Development <br /> Reviewed by <br /> Action Requested <br /> Receive information related to the Natures Edge Business Center schedule. <br /> Background/Discussion <br /> The city engineer is recommending the Council reject all bids for the construction of Natures Edge <br /> Business Center Phase II. The bids came in higher than the engineers estimate, some of the contracts <br /> expressed concern with the tight timeline,with substantial completion due October 24th, 2014. It is <br /> thought that the extended timeline will entice more bidders,but also allow for the acquisition of necessary <br /> permits from the U.S. Army Corps of Engineers,reducing delays and possible change order costs. <br /> The delay is not anticipated to negatively impact any project. <br /> Financial Impact <br /> None <br /> Attachments <br /> • Staff report to City Council dated July 21, 2014 <br /> • Project manager letter dated July 15, 2014 <br /> 'POWER ( ' / Y <br /> Template Updated 4/14 NATURE <br />