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BUDGET/TIME IMPLICATIONS: <br /> Budget Impact <br /> Funding for this project is allocated in the Motor Fuel Tax Fund. It is proposed that a total project <br /> expenditure of$1,400,000 be authorized representing the low bid amount of$1,361,935.68 plus <br /> $38,064.32 for project contingencies. The City's current Motor Fuel Tax allocation for this <br /> project is set at $1,400,000. <br /> Staff Impact <br /> Staff time has been allocated for this project in the Capital Improvement Plan. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution and bid award. <br /> INPUT FROM OTHER SOURCES: Illinois Department of Transportation <br /> STAFF REFERENCE: Richard Marley, Public Works Director and Matt Newell, City Engineer. <br /> Richard Marley will be in attendance at the City Council meeting to answer any questions of the <br /> Council on this item. <br /> This memorandum was prepared by Griffin Enyart, Civil Engineer 1. <br /> Attach: 6 <br /> cc: Tyrolt, Inc., d/b/a Dunn Company <br /> Page 13 <br />