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, , 3 <br /> BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: <br /> Construction of the Garfield Avenue Bridge Improvement project is estimated to cost $900,000, <br /> the exact cost will not be known until bids are received on June 12, 2009. 80% Federal ARRA <br /> funding ($720,000) is proposed with the City paying the remainder of the costs which are <br /> estimated to be $180,000. Funding for the City's portion of the Garfield Avenue Bridge project <br /> will come from the Motor Fuel Tax Fund. If the bid price is greater than the estimated cost, this <br /> amount may need to be revised when the bids are opened in June. <br /> A construction engineering agreement with BWC is proposed for a not to exceed amount of <br /> $15,000. The City needs the services of a structural engineer to assist with structural reviews <br /> during the project. <br /> Staffing Impact: <br /> The Capital Improvement Plan has allocated stafftime for managing the project. <br /> The Garfield Avenue Bridge project is to be awarded on the State bid letting on June 12, 2009, <br /> with construction expected to begin in July. The work should be completed late this year. <br /> This Memorandum was prepared by Matthew C. Newell, P.E., City Engineer. <br /> Attach: 5 <br /> cc: John Smith, Assistant City Manager for Public Services <br /> Dick Borders, Municipal Services Manager <br /> Bob Dean, Blank, Wesselink, Cook &Associates <br /> Nita Miller, Illinois Department of Transportation <br /> Page � 3 <br />