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~/ <br />City of <br />El --..-~ <br />River <br />REQUEST FOR ACTION <br />To Item Number <br />Economic Develo ment Authori 3.5, <br />Agenda Section Meeting Date Prepared by <br />Consent une 8, 2009 Tim Simon, Finance Director <br />Item Description Reviewed by <br />Pay estimates -YMCA project <br /> Reviewed by <br />Action Requested <br />The Economic Development Authority (EDA) is asked to approve the pay estimate as stated below. <br />Background/Discussion <br />Below are the pay estimates submitted for approval for the YMCA project. These pay estimates have <br />been reviewed and approved by RJM construction, architect (BWBR) or department head in charge of <br />the project. <br />Due to the structure of the bond sale the EDA maintains a project fund and debt service fund for the <br />recreation facility project. The construction payments will be approved by the EDA and the Ciry <br />Council. <br />Financial Impact <br />Pay Est. <br />Project No. Contractor Amount <br />YMCA project* 19 RJM Construction $13,819 <br />* Will be reviewed by the City Council on June 15, 2009. <br />Attachments <br />^ Pay estimate for the above project <br />^ Project budget vs. actual <br />Action Motion by Second by Vote <br />Follow Up <br />S:\Council\Tim\2009\EDAPayestimateYMCA#19.doc <br />