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fees related to the southwest pump station, and <br /> water atin extensions dependent on Hoaart's <br /> development, and those dollars could then be <br /> shifted in to this project. This could be a <br /> potential option that council may consider. <br /> Headley described the difference in the 20 year <br /> budget scenario actually budgeted and the new <br /> estimates as a $324,447 increase for the entire <br /> project. The totals of the items that could be <br /> cut from 1985 projects mount to $332, 160. <br /> The impact of carrying over these projects into <br /> subsequent years would have to be assessed. <br /> Hundley brought to council 's attention the <br /> lover tap fee income in 1984 than was projected <br /> and consequently lower interest income than was <br /> projected. In 1985, in order to complete this <br /> project as well as Harper Lake, a bond issue of <br /> $1 .2 million as opposed to $500,000 would be <br /> needed. <br /> If reductions are made in other a.-eas of the 1985 <br /> budget, this could reduce the bond issue amount <br /> to $900,000. But this is • major adjustment in <br /> terms of the City's bonded indebtedness in <br /> • order to accommodate this project as well as <br /> what was budgeted for the Harper Lake project. <br /> Council's inquiries with regard to negotiating <br /> with the bidders was a point of d:scusaion <br /> and prowpted Rautenstraus to relate the <br /> possible legal entanglement of negotiating with two <br /> prospective contractors as opposed to awarding <br /> a bid and negotiating the reduction of whatever <br /> amount council deemed necessary. <br /> If actual rebidding took place, it is RMC's <br /> opinion that the bids would not come in any lower <br /> unless there is a major change to the scope of the <br /> project . <br /> Rautenstraus recommended that either new bids <br /> be called for or an actual award be made and <br /> negotiate for • reduction in construction costs <br /> through contract analysis. <br /> RMC advised council that the contract is written <br /> such that the City can go to Notice of Award, then <br /> negotiate a change in the contract, as the contract <br /> allows for a change up to 25X of the total without <br /> any readjustment of other costs. If in fact, it <br /> 4 <br />