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<br />5.' C-2 <br />Alternative <br />The alternative is to delay and re-{jraft the agreement as the Council sees fit. The result <br />will be a project delay and potential claim from the Contractor, if thE-'utilities cannot be <br />relocated in time for him to start on schedule. <br />Fiscal Impacts <br />Gas and electric relocation estimates stand at $825,000. The project will be committed <br />to $412,500 by executing these two agreements. Funds in the amount of $3.5 million <br />are available in the 2003-04 Capital Improvement Program (CIP) budget under the <br />Capital Project Funds, to support the project, including this expense. <br />~ tk- .ßJ¡f¡¡J ~ <br />S. P er Vorametsanti Bruce Liedstrand Ed Everett <br />enior Civil Engineer Community Development Services Director City <br />Manager <br />SPV:ss <br />SIIibrarylreportsipete,IAgreemenl with PGE for Ralston IC Utjlily relocatjon <br /> Page 2 of 2 <br />