Explanation
Background:
The purpose of this legislation is to authorize the appropriation and transfer of $247,516.83 from the Special Income Tax Fund No. 430 to the Voted 1995 and 1999 Parks and Recreation Bond Fund No. 702; and, to authorize the Director of Recreation and Parks to enter into a contract with Hopewell Constructors for the Door and Floor Improvements.
Bids were received by the Recreation and Parks Department on May 31, 2005, for the Door and Floor Improvements, as follows:
Status Amount
Hopewell Constructors FBE $308,000.00
Setterlin Majority $360,730.00
The Righter Company Majority $392,200.00
Navarro Majority $No bid
Continental Flooring Majority $No bid
Project includes door improvements at various Recreation and Parks' facilities.
The Contract Compliance Number for Hopewell Constructors is #31-1472318.
A contingency amount of $40,000.00 is being included in this project.
This ordinance is submitted as an emergency to allow project to be completed as soon as possible as several doors present a security and safety issue.
Fiscal Impact:
The transfer of $247,516.83 from the Special Income Tax Fund to the Voted 1995 and 1999 Parks and Recreation Bond Fund is a temporary measure until the City sells notes or bonds to fund these improvements.
$348,000.00 is budgeted in the Voted 1995 and 1999 Parks and Recreation Bond Fund to meet the financial obligation of this project.
Title
To authorize the appropriation and transfer of $247,516.83 from the Special Income Tax Fund to the Voted 1995 and 1999 Parks and Recreation Bond Fund, to authorize the Director of Recreation and Parks to enter into contract with Hopewell Constructors for Door Improvements, to authorize the expenditure of $348,000.00 from the Voted 1995 and 1999 Parks and Recreation Bond Fund, and to declare an emergency. ($348,000.00)
Body
WHEREAS, bids were receive...
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