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BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: Funding for a majority of this project is allocated in the Local Motor Fuel Tax <br /> Fund. Catch basin casting replacements will be funded out of the Storm Water Fund ($28,394.50). <br /> It is proposed that a total project expenditure of $385,535.15 be authorized which includes <br /> $357,140.65 of Local Motor Fuel Tax money and the amounts from the other funds listed. This <br /> amount represents the low bid amount of$385,535.15. <br /> Staff Impact: Staff time has been allocated for this project in the Capital Improvement Plan. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution and bid award. <br /> INPUT FROM OTHER SOURCES: None <br /> STAFF REFERENCE: Richard Marley, Public Works Director and Matt Newell, City Engineer. <br /> Richard Marley will be in attendance at the City Council meeting to answer any questions of the <br /> Council on this item. <br /> This memorandum was prepared by Griffin Enyart, Civil Engineer II. <br /> Attach: 3 <br /> cc: <br /> � 4 � <br />