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<br /> 6.1G <br /> Page 2 <br /> The lowest responsible bid is less 0.7% less than the Engineer's Estimate of <br /> $3.928,600 for the cost of construction, and is considered a good and responsive bid. <br /> Alternative <br /> Do not award the contract, and forego the improvements. which will leave the sport <br /> fields in the Red Morton complex in their current condition. <br /> Fiscal Impacts <br /> The majority of the funding for this project is through the Recycled Water Project <br /> revenue bonds issued by the City Council in 2005 and early 2006, of which <br /> $4,759,057.00 is available in the project budget. This funding is also supplemented by <br /> Proposition No. 40, Parkland Block Grant, in the amount of $542,610. Furthermore, the <br /> Capital Improvement Program has allocated $80,579 in the FY 2005-2006 budget for <br /> this project. <br /> ~ ~ <br /> ter Vorametsanti, P.E. Chu Chang, P.E. <br /> Senior Civil Engineer Manager, Engineering & Construction <br /> ()) I <br /> tJ)wJt- <br /> Peter Ingram Ed Everett <br /> Community Deve opment Director City Manager <br /> A complete copy of the agreement is available for review in the City Clerk's Office. <br /> SPV:ss <br /> s/Iibrarylf$ports/peter/Award_Red Morton Syn Turf Inst <br /> Page 2 of 2 <br /> - -, <br />