Agenda Packet Cc - regular meeting 5/23/1988

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Issue 3. Partial Project Approval - The contrac;:or has indicated that in order to save money .)n the project it would be best that the City authorize four crossings of cable for a total of $1,184. Should the City not be able to do that and having to wait until after the 23rd, the cost is going to be $2,463. This portion is independent of the balance of the project if the City chooses to go ahead with it, however, this portion could not be assessed to the public. Issue 4. The County has finally transmitted a bill to Orono for the 19% deposit as outlined in the City's agreement with the County. This is 10% of the construction. (Right-of-way costs will be billed later.) This is included in this claims payment for $24,910.71. ALTERNATIVES - ISSUE 1 1. Receipt of information 2. Direct reduction of the project size 3. Direct staff to further attempt to reduce the cost 4. Table the matter until the 23rd ISSUE 2 Financial Information 1. Accept information 2. Suggest alternative financing arrangements ISSUE 3 Cable Crossing Authorization 1. Approve as presented 2. Table 3. Reject ISSUE 4 Down Payment 1. Acknowledge 2. Table RECOMMENDATION _OMMENDATION - It is recommended that the Council direct staff to work further with the County regarding the administrative charge and down payment, tend discuss the possible reduction in the plan Size, that the Council accept the financial information and approve a project to ;ay underground cable it four points alcng County Road 15 fora total of $1,184. PROPOSED MOTION - Moved by,l�' seconded b that the Council direct staff to work further on reducing the r st of the project, authorize the cable crossing of four cables as an independent project and 3cknowlpdge payment of the down payment for the project( as agreed to in tho County 15 Agreement. Ayes -ti, Nays U u