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. ��I f <br /> ' Reduction in the scope of the Project could be considered to bring the cost closer to the <br /> authorized funding amount. <br /> Description Possible Savings <br /> Reduction of the brick strip from 4'to 3' $ 9678 <br /> Elimination of the East most planters $ 5902 <br /> Elimination of the brick x-walks $ 6750 <br /> Elimination of the widening at the Farmers Wife $ 1685 <br /> Utilization of%25 of the existing curb $ 2781 <br /> Elimination of irrigation � <br /> Total Savings $32421 <br /> Comnarison of Reduced Proiect to authorized ezpenditures: <br /> Contractors Bid $263,940.32 <br /> Reduction in scope 32.421.00 <br /> Sub Total $231,519.32 <br /> Less Traffic Signals(Street Fund) $ 12,025.02 <br /> Less owner's contributions $ 13_722.00 <br /> Total $205,722.30 <br /> Compared to $154,901.00 <br /> Staff does not recommend rebid without redesign. Staff requests direction from Council <br /> regarding one of the following options: <br /> 1) Award bid as per plan to Otto Baum, at the low bid price of$263,940.32. <br /> 2) Award the bid to Otto Baum at the reduced scope price of$231,519.32. <br /> 3) Reject all bids and authorize staffto propose an altemated downtown streetscape <br /> design. <br />