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BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: The City share of the cost for final design is estimated to be $45,779. <br /> Funding for this work is allocated as part of the General Obligation Bonds authorized by the <br /> City Council on November 15, 2010. The total fee for the Professional Services is not to <br /> exceed $228,892. IDOT will reimburse the City$183,113 (80%)of this cost. <br /> Staffing Impact: Staff time has been allocated for managing the downtown streetscape <br /> work. <br /> This Memorandum was prepared by Matthew C. Newell, P.E., City Engineer. <br /> Attach: 4 <br /> cc: Kevin Myers, Homer L. Chastain &Associates, LLP <br /> Kent Massie, Massie Massie and Associates <br /> Page 13 <br />