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8.3 Appr Laurie Tasker Improve CITY OF SALINA REQUEST FOR COMMISSION ACTION DATE TIME 5/17/93 4:00 P.M. AGENDA SECTION: Administration ORIGINATINGDEPARTMENT: APPROVED FOR ND- 8 AGENDA: Engineering ITEM r~- ND. 3 BY: Shawn O'Lea BY: Item Approval of the plans and specifications for Street and Utility Improvements in Laurie Subdivision and Tasker Addition, Project No. 93-873, and setting the date to receive bids. Background The City Commission has previously approved two petitions for street, water, sanitary sewer and storm drainage improvements in Laurie Subdivision and Tasker Addition. Plans and specifications have been developed for these improvements to be accomplished as one project. The estimated cost of the improvements is $861,276.55. Both subdivision improvements will initially be funded 100% by the City with general obligation bonds, wh~le the petitioners will submit a letter of credit in the amount of 35% of the project costs at the time of construction contract award. When the properties in the benefit district have been 35% developed, the letter of credit will be released. This project will provide 22 developable lots in Laurie Subdivision and 45 developable lots in Tasker Addition, all for single family residential development. Completion of the project is anticipated in September, 1993. RECOMMENDATION It is recommended the City Commission approve the plans and specifications for Project No. 93-873 and set Tuesday, June 8, 1993 as the date to receive bids. COMMISSION ACTION MOTION BY SECOND BY TO: