Explanation
Background:
This legislation authorizes the transfer of funds within the Voted 1995 and 1999 Bond Fund; Facility and Parking Meters Fund 704.
This legislation will amend the Street and Highways 2004 Capital Improvement Budget Fund 704 in the amount of $500,000.00.
A modification to Contract No. EL004129, Complete General Construction, is needed for additional construction costs related to the renovations of North Bank Park: Issue J.
Additional funds to be expended total $849,291.00. The original contract cost was $1,037,376.00; the total modified cost is $1,886,667.00.
Additional construction costs in need of modification include Hanover Street extension, signals at Hanover Street, interconnect Neil to Hocking, bumpouts, milling and paving.
Additional expenses to this contract are based on line item pricing submitted with contractor's original proposal. All pricing for increased work will remain consistent with original costs proposed for Oriental contracted work.
It is in the City's best interest to have the contractor finish the project due to the contractor being familiar with the job.
The Contract Compliance Number for Complete General Construction is #31-4366382.
Emergency legislation is requested to allow paving work to proceed immediately prior to closing of asphalt plants for the season.
Fiscal Impact:
$201,309.92 is required and budgeted in the Recreation and Parks Grant Fund; $147,981.08 is required and budgeted in the Recreation and Parks Voted 1995 and 1999 Bond Fund; and, $500,000.00 is required and budgeted in the Street and Highways Department Voted 1995 and 1999 Bond Fund to meet the financial obligation of this contract modification.
Title
To authorize and direct the Director of Recreation and Parks to modify the contract with Complete General Construction for additional construction services related to renovations of North B...
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