Explanation
1. BACKGROUND
This ordinance authorizes: 1) the Director of Public Service to accept deposits from NWD Investments LLC (NWD) to be used for construction inspection and administration for the Pedestrian Safety Improvements - John H McConnell Boulevard Sidewalk project; 2) the establishment of an Auditor Certificate Direct Invoice (ACDI) for the payment of construction inspection and administration services for the project; and 3) the expenditure of funds for the aforementioned purpose. It also authorizes the refund of any unused funds deposited by NWD for construction inspection and administration for this project upon the completion of final accounting for the Pedestrian Safety Improvements - John H McConnell Boulevard Sidewalk project or when the Department of Public Service determines remaining funds are no longer needed for construction inspection and administration for the project.
The aforementioned effort will culminate in the construction of sidewalk along the west side of John H McConnell Blvd north of Spring Street to New Public Lane. Other improvements will include curb ramps, curb, retaining wall, street trees, lighting, and may include storm water drainage improvements. NWD will oversee the construction of the project, and the Department of Public Service will perform the requisite construction administration and inspection services relative to that effort.
NWD recently deposited $59,770.40 with the City Treasurer to support the performance of those services. An ordinance authorizing the execution of a Construction Guaranteed Maximum Reimbursement Agreement with NWD will be submitted to Council for approval at a later date. The purpose of this legislation is to make said funds available for use. This ordinance also authorizes, as necessary, the issuance of a refund of any unexpended inspection funds or the acceptance, appropriation, and expenditure of additional inspection funding should the actual cost of said services exceed the ...
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