Explanation
Background:
This ordinance will authorize the appropriation and transfer of $20,000.00 from the Special Income Tax Fund No. 430 to the Voted 1995 and 1999 Parks and Recreation Bond Fund No. 702 to modify the contract with Hopewell Constructors for Beatty Recreation Center Improvements.
A modification to Contract No. EL003376 is needed for additional professional services related to the Beatty Recreation Center Improvements.
The original contract cost was $1,852,311.00; first modification amount was $200,000.00; the total modified cost is $2,072,311.00.
Additional funds are needed to deal with unforeseen issues including asbestos abatement in the basement crawl space, and other changes necessary to complete the project. $20,000.00 is needed to cover these changes.
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 Hopewell Constructors is #31-1472318.
Emergency legislation is necessary as the project is nearing completion and needs to be closed out and final payments made in a timely manner.
Fiscal Impact:
The transfer of $20,000.00 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.
Title
To authorize the appropriation and transfer of $20,000.00 from the Special Income Tax Fund to the Voted 1995 and 1999 Parks and Recreation Bond Fund, to authorize the modification of contract EL003376 with Hopewell Constructors for the Beatty Recreation Center Improvements, to authorize the expenditure of said funds, and to declare an emergency. ($20,000.00)
Body
WHEREAS, it is necessary to modify the contract with Hopewell Constructors , for professional services related to the Beatty Recreation Center Improvements; and
WHEREAS, the City will sell notes or bonds to fund this pr...
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