3.5. EDSR 11-10-2008City of
Elk.
River
REQUEST FOR ACTION
To Item Number
EDA 3.5
Agenda Section Meeting Date Prepared by
Consent November 10, 2008 Tim Simon, Finance Director
Item Description Reviewed by
estimates -YMCA project
Pa
y
Reviewed by
Action Requested
The Economic Development Authority (EDA) is asked to approve the pay estimate as stated below.
Back;;round/Discussion
Below is a pay estimate submitted for approval for the YMCA project. This pay estimate has been
reviewed and approved by RJM construction, architect (BWBR) or department head in charge of the
project.
Due to the structure of the bond sale the EDA maintains a project fund and debt service fund for the
recreation facility project. The construction payments will be approved by the EDA and the City
Council.
Financial Impact
Pay Est.
Proiect No. Contractor Amount
YMCA project* 13 RJM Construction $265,674
* Will be reviewed by the City Council on November 17, 2008.
Attachments
^ Pay estimates for the above project
Project budget vs. actual
Action Motion by Second by Vote
Follow Up
S: \Council\Tim\2008\EDAPayestimateYMCr1# 13. doc
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