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<br />aggregate slurry seal coating and the replacement of the existing traffic <br />striping and markers as part of a preventive maintenance program. <br /> <br />Honorable Mayor and Members of the Council: <br /> <br />BACKGROUND <br /> <br />On August 16, 2005, the City Council a'Warded the construction contract for the subject <br />project to the lo'West bidder, Valley Slurry Seal Company, in the amount of $224,985.41. The <br />subject project has since been completed and is ready for acceptance. The follo'Wing t'Wenty- <br />three (23) City street sections 'Were slurry sealed: <br /> <br />STREET NAME BEGIN LOCATION END LOCATION LENGTH WIDTH AREA <br />STONERIDGE MALL RD, STONERIDGE DR. FABIAN CT, 1,145 54 73,750 <br />STONERIDGE MALL RD, FABIAN CT, EMBARCADERO CT, 1,024 54 56,775 <br />STONERIDGE MALL RD, EMBARCADERO CT. CANYON WY, 2,241 54 121,014 <br />STONERIDGE MALL RD, CANYON WY. SPRINGDALE AVE, 2,665 54 143,910 <br />STONERIDGE MALL RD, SPRINGDALE AVE, STONERIDGE MALL DR. 784 54 42,336 <br />SPRINGDALE AVE. STONERIDGE DR, STONERIDGE MALL RD, 835 45 48,650 <br />LAUREL CREEK WY. FOOTHILL RD. STONERIDGE MALL RD. 875 48 52,700 <br />DEODAR WY, FOOTHILL RD. STONERIDGE MALL RD, 406 48 23,550 <br />CANYON WY, FOOTHILL RD. STONERIDGE MALL RD 806 57 57,665 <br />DEL SOL AVE. BEVILAQUA CT. MIRADOR DR, 1,365 33 45,010 <br />DEL SOL AVE. ENTRADA DR, END 288 33 9,504 <br />CROCE CT, DEL SOL AVE, END 135 33 5,492 <br />BARBARA CT, DEL SOL AVE, END 98 33 4,271 <br />ENTRADA CT. NEALS ST, END 418 33 14,831 <br />MIRADOR DR, KOTTINGER BONITA AVE, 820 37 30,340 <br />MIRADOR DR. ABBIE ST. BERNAL AVE. 660 37 24,420 <br />NEALS ST. FIRST ST. MIRADOR DR, 2,850 44 133,440 <br />KRAUSE ST, ALEXANDER WY, OAKLAND AVE, 943 33 31119 <br />KRAUSE CT, OAKLAND AVE. END 112 25 4196 <br />RHEEM DR. STONERIDGE DR OAKLAND AVE, 2,248 41 92168 <br />RHEEM DR. OAKLAND AVE. KAMP DR. 762 37 28194 <br />ALEXANDER WY, BOWEN ST. DELUCCHI WY. 1,120 33 36960 <br />BOWEN ST, RHEEM DR. ALEXANDER WY. 164 33 5412 <br /> <br />BUDGET <br /> <br />The final project funding and expenditures are presented belo'W. The project 'Was authorized <br />in the FY 2004/2005. <br /> <br />Fundin,g Sources as authorized by City Council at its meetin,g of Au,gust 16, 2005: <br /> <br />CIP No. 045004 (General Fund, Measure B) <br />CIP No. 035007 (Gas tax/Annual Traffic Buttons and Line Markers) <br />CIP No. 045003 (Annual Resurfacing) <br />Total Funding: <br /> <br />$120,000.00 <br />$ 60,000.00 <br />$70,000.00 <br />$250,000.00 <br /> <br />SR 06:024 <br />Page 2 of 3 <br />