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authorized a contingency amount of $60,000 for the parking lot project with the <br />remaining $18,000 to be used from the existing project contingency of $439,490. <br />The City will be reviewing the contractor's progress payments on a monthly basis and <br />will be making monthly reimbursements to Austin Briggs Investment, based upon the <br />agreed upon amount of the contractor's invoice. <br />Schedule <br />Following is the anticipated construction schedule for completion of the Alviso Adobe <br />Park parking lot and entrance improvements: <br />City Council approval of reimbursement agreement <br />Start of Construction <br />Completion of Construction <br />Submitted by: <br />~,c~.~- <br />Rob Wilson <br />Director of Public Works <br />Submitted by: <br />~~U~r " ' <br />David Culver <br />Finance Director <br />Attachments: <br />1. Reimbursement Agreement for Alviso Adobe Park <br />2. Budget Summary <br />April 15, 2008 <br />April 16, 2008 <br />June 30, 2008 <br />Approve by: <br />Ne on Fialho <br />City Manager <br />Page 3 of 3 <br />