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Stormwater $ 506,059.18 $ 1,410,101 <br />Sewer and Water $ 599,419.38 $ 2,440,474 <br />Total $ 3.565.421.24 <br />b. School Funding. The Orono School District has requested that the City initially pay for the <br />entire project. The District will reimburse the City for their share of the project cost, currently estimated <br />at $839,367.50, over a period of 9 years at an interest rate of 2%. The city will provide funding for the <br />school portion via an inter fund loan from the utility funds. <br />6. Cooperative Agreement. Since the project is a partnership between the City and the School District, <br />a cooperative agreement laying out responsibilities is required. The agreement is at Exhibit B. <br />7. Timing. <br />Nov 27, 2017 <br />Feasibility report presentation / Design Fee Approval <br />Nov -Jan <br />Coordination meetings with School/ preliminary design development <br />January 22, 2018 <br />Authorization to complete detailed design <br />April 2018 <br />Solicit Bids; Cooperative agreement approval <br />May 15, 2018 <br />Tree Removal <br />May 29, 2018 <br />Award <br />Jun -Sep 2018 <br />Construction <br />8. Staff Recommendation. I recommend award to GMH Construction in the amount of $3,073,421.24, <br />approve the cooperative agreement with the Orono School District and accept the proposal from Bolton <br />and Menk for construction management for a fee not to exceed $ 220,000.00. <br />COUNCIL ACTION REQUESTED: <br />1. Move to award the Old Crystal Bay construction contract to GMH Construction in the amount of <br />$3,073,421.24; contingent upon the school district approving the cooperative agreement. <br />2. Move to approve the Cooperative Agreement with the Orono School District. <br />3. Move to accept the proposal from Bolton and Menk for construction services for an amount not to <br />exceed $ 220,000; contingent upon the school district approving the cooperative agreement. <br />Exhibits <br />Exhibit A. Cooperative Agreement <br />Exhibit B. Construction Services Proposal from BMI <br />Prepared By: Reviewed By: -1ja Approved By: -�b) <br />