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, <br /> � <br /> COUNCIL MEMORANDUM <br /> #2001-23 <br /> November 26, 2001 <br /> TO: Honorable Mayor Howley <br /> City Council Members <br /> FROM: Steve G ity Manager <br /> RE: Fount Project <br /> The attached is provided in the same spirit of giving City Council as full and complete <br /> picture of potential fountain costs as Larry Livergood did in his excellent research and resulting <br /> matrix of costs one week ago. However, allow us to hedge our analysis with uncertainties. <br /> In the spring of this yeaz, staffrecommended, and City Council concurred, that the costs <br /> associated with a new fountain ar new fountain) can onlv be estimated i�one considers total <br /> park restoration costs. Since it was voted that Central Pazk was to be restored, including a new <br /> fountain,this was the course on which we were proceeding until recently. <br /> Council then decided to examine only the costs necessary for the Architectural Expression <br /> fountain. Mr. Livergood did excellent research and provided these costs at the City Council <br /> meeting last Monday evening. <br /> City Council asked staffto review these costs and comment by this evening (as we had a <br /> three day week, even working Friday could not produce a report earlier than this evening). <br /> Working off Mr. Livergood's numbers,we have estimated a notential shortfall of$99,000, as <br /> these are costs associated with the new fountain not included in Mr. Livergood's analysis, due to <br /> the reasons noted(through no fault of Mr. Livergood). <br /> To accuratelv compare " ountain costs", using alternate fountain desi�,rt, one would <br /> have to have a complete park desi ng concept. built around each competing fountain. <br /> If it is Council's desire to approve the Architectural Expression fountain only, as we were <br /> instructed to do, the attached includes the total likely cost to the City, and potential short fall from <br /> last weeks estimate of almost $100,000.00. Therefor,the resolution the City Council asked staff <br /> to prepaze does not include a"no greater sum" figure, as that number may result from this <br /> evenings meeting. <br />