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Contract Award for Main Street <br />Archway Sign at Broadway Place <br />(Project No. 9209) <br />October 2, 2006 <br />Page 3 <br />ENVIRONMENTAL IMPACT <br />An Environmental Review (No. 2006 -020) has been completed and a <br />Categorical Exemption has been filed for the project pursuant to the <br />California Environmental Quality Act. <br />FISCAL IMPACT <br />The Funding Analysis shows a total estimated construction cost of <br />$308,105 for the project (Exhibit 2). Due to the anticipated potential <br />underground utility conflict, the contingency of this project is 25% of <br />the contract amount. Funds are available in the South Main Corridor Fund <br />(account no. 553- 936- 6631). <br />P�'� <br />es G'. Ross <br />cutive Director <br />lic Works Agency <br />11'�041 a <br />Nancy T Edwards <br />Assistant Director <br />Community Development Agency <br />JGR /SGH /mlr <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />�Francisco Gutierrez IV <br />Executive Director �� <br />Finance & Mgt. Services Agency <br />4 -3 <br />