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112 Cityof <br />Om Louisville <br />COLORADO • SINCE 1878 <br />CITY COUNCIL COMMUNICATION <br />ADDENDUM <br />SUBJECT: <br />DATE: <br />PRESENTED BY: <br />ADDENDUM — UNDERPASS COST ESTIMATES & <br />PRIORITIZATION, FINANCIAL CONSIDERATIONS AND <br />POSSIBLE BALLOT LANGUAGE FOR POTENTIAL <br />TRANSPORTATION TAX <br />JUNE 17, 2021 <br />HEATHER BALSER, CITY MANAGER <br />MEGAN DAVIS, DEPUTY CITY MANAGER <br />KEVIN WATSON, FINANCE DIRECTOR <br />KURT KOWAR, PUBLIC WORKS AND UTILITES DIRECTOR <br />KATHLEEN KELLY, CITY ATTORNEY <br />KIM CRAWFORD WITH BUTLER SNOW, CITY'S BOND <br />COUNSEL <br />JIM MANIRE WITH HILLTOP SECURITIES, CITY'S FINANCIAL <br />ADVISOR <br />SUMMARY: <br />Staff has compiled additional information to complete the Council Communication <br />previously posted for the June 17, 2021 City Council Special Meeting. Please find <br />attached cost data and exhibits for the 6 Underpasses being discussed tonight. Below is <br />some additional context for these materials, which will be discussed further this evening. <br />• The concepts provided in some cases are basic connections and in other cases <br />are signature and transformational. In either case, after reviewing and designing <br />for 8 weeks, the concepts are what the design team felt was the best approach to <br />put in an underpasses with a long term outlook. <br />• These are not final designs but they are likely the more expensive options for <br />most designs. In order to value engineer out cost, any design could revert to a <br />lesser vision or be tweaked to further reduce costs. <br />• These are not final designs and if the decision is made to move forward the City <br />will need to engage businesses and residents in the areas impacted. In some <br />cases, such as Main Street, businesses were involved in the design process for <br />the current concept. <br />• These are concepts with heavy contingencies and there is still a lot to do from <br />this point forward. They can be changed or tweaked as we move forward. <br />• At some locations such as South Street (Plaza Improvements) and Main Street <br />(Wider Sidewalk SBR to Griffith) auxiliary or adjacent improvements are provided <br />as a separate line item to represent a bigger picture improvement. <br />• The current construction climate is very dynamic and pricing is difficult to be <br />accurate with present costs in addition to the unknowns of costs 1-1/2 to 2 years <br />from now. <br />CITY COUNCIL COMMUNICATION <br />