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AGENDA ITEM <br />management fund. Staff is there for recommending that Forest Arms Lane be listed as a bid alternate <br />during the solicitation process. If bids comeback well below the estimate then the project would proceed <br />and if not, then Forest Arms Lane would be differed until 2019. <br />Fund <br />Cost <br />Estimate <br />Estimated EOY 2018 Fund <br />Balance <br />Pavement Fund <br />$ <br />1,273,064 <br />$ -328,064 <br />Stormwater <br />$ <br />429,117 <br />$ 1,410,101 <br />Sewer and Water <br />$ <br />323,511 <br />$ 2,440,474 <br />Total <br />$ <br />2,025,692 <br />6. Timing. <br />Advertise for Bids................................................................................................. March, 2018 <br />OpenBids/ Award.................................................................................................... April, 2018 <br />Construction..................................................................... Summer 2018 <br />7. Staff Recommendation. I recommend the council approve the plans and authorize staff to solicit <br />bids. <br />COUNCIL ACTION REQUESTED <br />Move to authorize the solicitation of Bids for the project. <br />Reference <br />A. Street Design <br />Prepared By: i Reviewed By: fy- Approved By: -1V <br />