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Council awards Dayton Parkway access road bid; lowest bid $1.711 million, wetland mitigation noted
Summary
Council approved awarding the Dayton Parkway access road contract after staff reported 12 bids with the low bid of $1,711,000 and discussed wetland mitigation credits (~$456,000) and anticipated 50/50 financing; motion to award passed on a voice vote.
Staff presented the Dayton Parkway access‑road project and recommended awarding the contract after soliciting bids. The city received 12 bids; the lowest responsive bid was $1,711,000. Staff noted bids were competitive and that wetland mitigation credits for the project will cost approximately $456,000.
The project schedule calls for starting construction in early September if property closings and financing occur on schedule; staff described an interim completion target of Nov. 15 to get utilities and a base pavement layer in place for winter and a planned final paving/mill cycle in spring 2027 with final completion likely in 2028. Council moved and approved the award; staff said the project had already been budgeted and that the financing plan anticipated a 50/50 split with future tax‑abatement bond proceeds supporting cash flow.
Council members asked about bid contingencies and cancellation language; staff confirmed the bid documents allowed cancellation in the event financing does not materialize, and said they would return with a recommendation memo to the council as bids were evaluated.
