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<br /> <br />City of Elk River <br />REQUEST FOR COUNCIL ACTION <br />Agenda Section Meeting Date <br />Consent April 3, 2006 <br /> <br />Item Number <br />3.10.* <br /> <br />Prepared by <br />Bill Maertz, Parks and Recreation <br />Director <br />Reviewed by <br />Lori ohnson, Ci Administrator <br /> <br />Item Description <br /> <br />Authorization to Advertise for Bids for Rivers Ed e Commons <br /> <br />Introduction <br /> <br />Authorization to Advertise for Bids for Rivers Edge Commons. <br /> <br />Discussion <br />The concept design for Rivers Edge Commons, recommended by the Park Commission, was approved <br />by the City Council in 2005. The project was included in the 2006 Park Improvement Budget. <br /> <br />Financial Impact <br />The original amount budgeted was $660,000 .The construction estimate is $795,375. Staff has developed <br />additional funding sources to close this gap. The Community Development Director has recommended <br />that $45,000 from the Development Fund be used to pay for the portion of the Park directly on Main <br />Street, as this is streetscape improvement. The storm water portions of the project ($30,000) can be paid <br />for out of the storm water management fund. Staff has been working with service organizations to cover <br />some of the other costs. Staff recommends using Park Dedication funds to pay for any remaining <br />amount. <br /> <br />Attachments <br /> <br />Park Images <br />Plan Set <br />Cost estimates <br /> <br />Action Requested <br /> <br />Authorization to Advertise for Bids for Rivers Edge Commons <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\3 10 Rivers Edge.doc <br />