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210 <br /> May 24,1989 <br /> IThe estimated cost of the project including construction, design, <br /> inspection and administration is$5,665,600. The loan if approved <br /> I' would finance.100%of the project coat. Repayment of the loanwould <br /> he over a five.year period at 0%interest,which is equivalent[ua <br /> 50%grant. <br /> Moved by Councilmember Longus, <br /> seconded by Councilmember Gipson to <br /> authorize the Mayor to execute to a loan application to the State <br /> II Deppartment of Ecol1f <br /> oQy orivconstruction of a new CSO interceptor <br /> aacent to the <br /> mish <br /> Roll was called with all councilmembers voting yes. <br /> Motion carried. <br /> VEHICLE PURCHASES <br /> I Mike Chambers, Motor Vehicles, said bids were received for various <br /> motor vehicles needed by various City Departments. Inc bids were <br /> I, reviewed and analyzed. Staff recommends he purchase of 5 vehicles <br /> at a cast Of$149,689.74. (Analysis and bid detail on file in City <br /> Clerk's Office). <br /> BIO AWARD. <br /> Moved by Councilmember Gipson, seconded by Councilmember Diamond to <br /> 5149a9,689.the)4.bid for various vehicles as recommended for a cost of <br /> , <br /> I <br /> Roll was called with all councilmembers voting yes. <br /> Notion carried. <br /> II <br /> Ac004m49r0 <br /> em <br /> f ntthCy05rt0antl aiga,sreplteimngntto% COUCL BILL 895-42 <br /> FINAL READING: <br /> ap9z0priation. <br /> Brian Jones,LID Administrator, stated that because of increases in <br /> the design, construction, legal, and financing costs of De 726, <br /> Merrill Creek s Parkwayproject, it is necessary too LID <br /> a <br /> suaplem1nstary appropriation in the amount of a$2,700,000. He said <br /> increase pp requested to cover0 any contingencies due to <br /> end <br /> the two outstanding lawsuits d total expenditures would de <br /> I:. on how soon they are resolved. <br /> I.,I <br /> f. <br /> YLLmw h , <br />