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Shakopee Economic Development Authority
May 16, 2017
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| | | | | | | | | FROM: | Michael Kerski | | TO: | EDA Board |
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| | | | | | | | Subject:
Update of plans for Downtown Improvements. |
| | | | | | | | Policy/Action Requested:
None at this time. Final documents will be completed at the end of May. We will be back to Council and the EDA for award of bids in July 2017. |
| | | | | | | | Recommendation:
Review 90% plans. |
| | | | | | | | Discussion:
Staff has been working with WSB, EDI (lighting and electrical) and RJM to complete plans. RJM has been soliciting cost estimates to ensure that the project costs are within budget and to allow for value engineering before final plans are completed. |
| | | | | | | | Budget Impact:
Current Budget
Sources
EDA $ 1,500,000
Parking Lot CIP 200,000
Stormwater Fund 350,000
Tree Fund 30,000
Alley CIP 100,000
CDA Grant 30,000
$ 2,210,000EDI
Uses
Loucks $ 60,350
Survey 13,700.68
WSB 97,860
EDI 14,000
RJM 98,000
Total $ 283,910.70
Available for Hard Construction
$ 1,926,089 |
| ATTACHMENTS: | | Description |  | Plans |
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