The city's Capital Improvement Plan (CIP) contains the 2021 Alley Reconstruction Project CIF-20-009. On March 2, 2021, the City Council adopted Resolution R2021-030 approving the plans and specifications, and authorizing bidding of the project.

In accordance with Minnesota Statute Section 471.347 Uniform Municipal Contracting Law, bids were solicited and opened on April 22, 2021. Four (4) bids were received. BKJ Land Company, from Jordan, MN, was the low bidder in the amount of $138,143.00 (see the attached resolution for the bid tabulation summary).

BKJ Land Company, has the capacity and experience for the project and is deemed a responsible bidder.

Based on the low bid amount, the updated total estimated project cost and funding summary for the 2021 Alley Reconstruction Project is as follows:

The amended total project budget of $171,143.00 includes a contingency amount that covers any unexpected change orders, quantity adjustments and other miscellaneous expenses encountered as part of the project. This project is funded by Special Assessments and the Storm Drainage Fund.  

Included in the resolution is funding language that would allow the city to reimburse project costs from future bond proceeds. This language allows for greater flexibility in funding current and future projects, should the city desire or need this in the future. The additional language allows the city a period of up to three years to issue and reimburse itself with bond proceeds. The language does not change the requirements or administrative process for issuing debt. All debt issuance will still require separate approval by the City Council.