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AGENDA ITEM <br /> <br /> <br />5. Funding. Funding for the project will come from a combination of the pavement management fund, <br />stormwater fund, water fund, sewer fund and community investment fund. <br /> <br />Fund As bid Est. 2021 End of Year Fund Balance <br />Pavement Fund $ 824,375.16 $ 0 <br />Stormwater Fund $ 616,530.94 $ 1,119,620 <br />Water Fund $ 69,111.68 $ 204,510 <br />Sewer Funds $ 24,856.94 1,701,060 <br />Community Investment Fund $ 81,481.27 $595,202.73 <br />Total $1,616,355.99 <br /> <br />6. Staff Recommendation. I recommend award of the bid to Omann Brothers in the amount of <br />$1,389,655.99. <br /> <br />COUNCIL ACTION REQUESTED <br />Move to award the 2021 Streets project to Omann Brothers for $1,389,655.99 and to authorize Bolton & <br />Menk to perform construction oversite for a fee not to exceed $99,000.00. <br /> <br />Reference <br />A. Bid Tab <br />B. Bolton and Menk Construction Services Proposal