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I <br /> C. 10 MGD pump station to supply the Casino standpipe <br /> D. Approximately 2000' of 36" steel supply line <br /> E. Miscellaneous support systems <br /> Tasks required to accomplish the above are generally as follows: <br /> 1. Advertise for an Engineering consultant <br /> 2. Review consultant proposals <br /> 3. City Consultant Selection Committee recommends consultant <br /> 4. Council approves consultant <br /> 5. Consultant to prepare feasibility study for reservoir site <br /> and support system <br /> 6. Council reviews study and authorizes right-of-way procurement <br /> and detail design <br /> 7. Consultant prepares detail design <br /> 8. City procures right-of-way <br /> 9. Council approves plans and authorizes bid call <br /> 10. Bid call <br /> 11. Council authorizes Mayor to enter into construction contract <br /> 12. Construction contract signed <br /> 13. Perform construction <br /> Section 3: The total estimated cost of the improvements herein authorized <br /> is $4,500,000 which will include all costs related to design, <br /> procure right-of-way, construction, contract administration, <br /> plan development and associated costs. <br /> Section 4: The Public WorksDirector of the City of Everett under administration <br /> of the Mayor is hereby given the responsibility of conducting <br /> all tasks outlined under Section 2 above. Council and Administration <br /> checks and reviews shall be made at the points specified. <br /> Section 5: A. The sum of $4,500,000 is hereby appropriated to Fund No. <br /> 336, "Design and Construction of Water Reservoir No. 6", <br /> as follows: <br /> 1. Programs 749,750,751,752 & 753 - <br /> Water Reservoir No. 6 $4,500,000 <br /> B. Source of Funds <br /> 1. From the sale of Revenue Bonds and interest earned <br /> on invested funds during construction $4,500,000 <br /> Section 6: The proceeds from the sale of revenue bonds shall be invested <br /> until needed for construction. The interest earned shall be <br /> deposited in this fund and expended for this project. <br /> Section 7: The City Treasurer of the City of Everett is hereby authorized <br /> to negotiate a reasonable rate of interest and issue interest <br /> bearing Revenue Warrants to satisfy interim construction costs <br /> not to exceed $4,500,000. These interest bearing warrants <br /> shall be redeemed by the Treasurer as soon as reimbursement <br /> or long term bond financing monies, as described elsewhere <br /> in this Ordinance, are received. <br />