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Regular Council Meeting October 10, 2022 Page 4 amount of $1,425,000, deductive alternate in the amount of $1,480,000 and deductive alternate in the amount of $420,000. He also said that Garver was working with Thalle and City Staff to reduce project costs. Mr. Path reiterated the City was working to try to reduce costs and that total bid for the lowest contractor was now approximately $60 million. Mr. Path said this would require an additional $26 million in bonding to cover the added cost. Mr. Path said this was a bleak and daunting challenge for the citizens to take and while it could be easy to once again kick this can down the road, the City would face a much greater chance of making this worse than better. He also outlined the new projects that were in various development changes, citing if these all come through it would help spread out the cost of the project. Mr. Path said if they rebid the project, the City could lose this company and prices were continuing to increase. He recommended that the City proceed with awarding a bid, increasing the waste water rates, and issuing additional debt service on October 24, 2022. Council Member Savage emphasized this was not something they wanted to do but had to do. Council Member Pankaj said they needed to double down on housing; that there was a lot of opportunity coming to Paris and they had to move forward. Mayor Portugal said she was very proud of this Council and the two Councils that came before them, because they moved forward on this project and did not kick the can down the road. It was a consensus of the City Council to move forward with this project as recommended by Mr. Path. 11. Discuss and act on meeting dates for November and December. City Clerk Janice Ellis said ordinarily the second Council meeting dates in November and December were cancelled due to holidays and scheduling conflicts. She said staff recommended cancelling the November 28 and December 26 City Council meetings. A Motion to cancel the November 28 and December 26 meetings was made by Council Member Savage and seconded by Council Member Pankaj. Motion carried, 5 ayes — 0 nays. 12. Discuss an agreement with Greater Paris Development Foundation regarding access to the 0 Street S.W. Lift Station Road for inclusion in the Northeast Texas Trail, and provide direction to staff. Mr. Vine explained that in March, staff met with the Secretary of the Greater Paris Development Foundation Pat Bassano and Don Biard, attorney working with this organization. He said the purpose of the meeting was to discuss plans to close a three mile gap in the Northeast Texas Trail between 4t` Street S.W. and County Road 22500 South of Kimberly-Clark. He said one option discussed included a lift station road, Woodard's Lift Station, owned and maintained by the City, located north of Orange Street and west of 4h Street S.W., as part of the trail. He said they also discussed the existence of a flow equalization basis next to the lift station at this location and advised that an unpleasant odor might be present at different times. Mr. Vine