Explanation
Background: Ordinance 0740-2003 passed by City Council May 12, 2003, authorized the expenditure of $256,262.50 for construction inspection for the Resurfacing 2003 Project 1 (OPWC) project. An additional $145,000.00 for inspection was authorized by Ordinance 2389-2003 passed by City Council December 15, 2003. Ordinance 1093-2003 passed by City Council June 30, 2003 authorized the expenditure of $249,552.50 for construction inspection for the Resurfacing 2003 Project 2 (OPWC) project.
These amounts were later projected to be insufficient due to the construction completion dates being extended due to weather delays and additional work being added to the construction contracts [that increased the inspection workload and cost].
These projects have now been completed and the final inspection costs have been determined. This ordinance authorizes the expenditure of an additional $52,739.06 for inspection work for the Resurfacing 2003 Project 1 (OPWC) project and an additional $32,800.00 for the Resurfacing 2003 Project 2 (OPWC) project.
Fiscal Impact: Available funds in the amount of $66,824.67 exist in the 1988 Streets and Traffic Fund that can be used for this purpose. The balance of the needed funding, $18,714.39, is available within the General Permanent Improvement Fund. This ordinance transfers all funding to the Local Transportation Improvement Program (LTIP) Fund where it is then authorized for expenditure.
Emergency action is requested in order to close out the project in a timely manner.
Title
To authorize the City Auditor to transfer $66,824.67 between projects within the 1988 Voted Streets and Traffic Fund; to authorize the City Auditor to transfer $66,824.67 from this Fund and $18,714.39 from the General Permanent Improvement Fund to the Local Transportation Improvement Program Fund; to authorize the Public Service Director to expend $52,739.06 and $32,800.00 for construction inspection services incurred in c...
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