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Staffproposes that URS be authorized to design the proposed street lighting improvements so <br /> that a change order can be executed for the street lighting work. The cost for the design work is <br /> not to exceed $5,800 if no federal aid amendment is needed. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution. <br /> INPUT FROM OTHER SOURCES: Economic and Urban Development Department, Illinois <br /> Department of Transportation, URS <br /> STAFF REFERENCE: Richard G. Marley, Director of Public Works, and Greg Crowe, <br /> Assistant City Manager for Economic and Urban Development. Richard Marley and Greg <br /> Crowe will be in attendance at the City Council meeting to answer any questions of the Council <br /> on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: The construction costs are provided in Table 1 along with the authorized <br /> spending authority. Funding for the engineering design work necessary to issue a change order <br /> for the Eldorado Enhancement project is provided in the General Capital Fund. <br /> The City's contract with IDOT provides the City will be reimbursed for engineering at the rate of <br /> 10% up to a maximum of$1,090,000. Since IDOT's portion of the work is approximately <br /> $200,000 more than the original estimate, the City should receive $20,000 more than originally <br /> anticipated. These funds will be used to reduce the City's total project cost. <br /> TABLE 1.ACTUAL AWARDED BID AMOUNTS AND AUTAORIZED FUNDING <br /> Estimated <br /> Total Cost ITEP IDOT City <br /> Item (1) Funds Funds Funds <br /> Streetsca e Construction(Low Bid Amount) $1,300,297 $1,040,238 $260,059 <br /> Sani Sewer Manhole Work Low Bid Amount $9,500 $9,500 <br /> Eldorado Street Repaving and Curb&Gutter Construction(I,ow <br /> Bid Amount $936,305 $936,305 <br /> Reimbursement for Overseeing Eldorado Street Pavement Work <br /> Estimated at 10°/a $93,630 $93,630 <br /> Total Pro'ect Bids Received $2,339,733 $1 040,238 $1 029 935 $269,559 <br /> Chan e Order#1 -Pro osed Additional Street Li tin $190,000 $152,000 $38,000 <br /> Maximum Authorized Amount for Construction $2,635,596 $1,237,316 $1,090,000 $308,280 <br /> Estimated Authorized Funds Remaini at Pro'ect Be innin $295,863 $45,078 $60,065 $721 <br /> (1)Based on actual bids received <br /> Page � 3 <br />