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Appropriation Adjustment and <br />Contract Award for Festival Hall <br />Restroom Improvements (Project 2741A) <br />December 20, 2004 <br />Page 3 <br />A total of three bids were received, and all were responsive. Thomco <br />Construction, Inc. submitted the lowest responsive bid for $33,500, which <br />is below the Engineer's estimate of $50,000. The subject repayment of a <br />portion of the Redevelopment Agency's debt from the Central City <br />Redevelopment Project Area to the City's General Fund will provide <br />$42,600 for accessibilty improvements to the restroom. <br />ENVIRONMENTAL IMPACT <br />Pursuant to the California Environmental Quality Act, Environmental <br />Review No. 01 -144 has been completed and a Negative Declaration has been <br />filed for this project. <br />FISCAL IMPACT <br />The Funding Analysis shows a <br />for the project (Exhibit 2) <br />appropriation adjustment, fu: <br />Fund for Improvements Other <br />The balance of $16,000 is a <br />between the loan repayment an <br />total estimated construction <br />Upon approval of the loan <br />As will be available in the <br />Than Buildings (account no. <br />railable in that account for <br />3 fiscal analysis. <br />Patricia C. Whitaker <br />Executive Director <br />Community Development Agency <br />ost of $58,600 <br />repayment and <br />Capital Outlay <br />51- 012 - 6631). <br />the difference <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />i%fW $f loma <br />Executi e Director <br />Finance & Mgt. Services Agency <br />K:/ Construction \RFCA- 12 -20 -04 /RFCA Appropriation Adjustment 2741A 20 WD <br />3 <br />