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Council approves Gateway Monument agreements, approves contractor and MDD funding amendment
Summary
The Fair Oaks Ranch City Council approved a construction contract and related budget actions for a Gateway Monument to be reimbursed by the Municipal Development District (MDD). Council authorized construction with AAA TimeSaver Services (not‑to‑exceed $199,840) and accepted an MDD budget amendment to appropriate $2,224,840 for the project.
The Fair Oaks Ranch City Council on April 17 approved multiple measures to advance a Gateway Monument project, including a construction contract recommendation and an MDD budget amendment to fund construction through previously collected sales tax proceeds.
City procurement manager Clayton Hoelscher said the project followed a formal request‑for‑proposals process that produced three submissions and recommended AAA TimeSaver Services as the highest‑ranked, lowest bidder. Hoelscher said the initial bid of about $218,000 was reduced by roughly $18,000 through specification adjustments; the city approved a construction agreement in an amount not to exceed $199,840. "We issued a request for proposals on January 7 and received three…
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