Explanation
1. BACKGROUND
This legislation authorizes the Director of Public Service to enter into a construction agreement with CSX Transportation, Inc. (“CSXT”) in association with the Grandview Yard - Third Ave Railroad Bridge: Roadway Improvements - Third Ave Phase 2, Rail St Phase 3 and 5th/Edgehill Signal Improvements project.
Ordinance No. 1196-2016 authorized the City to enter into a Guaranteed Maximum Reimbursement Agreement and Construction Contribution Agreement with NRI and to accept funding in the amount of $1,008,897.00 from NRI for the City to fund improvements to the Grandview Yard - Third Ave Railroad Bridge.
This legislation authorizes the Department of Public Service to enter into agreement with CSXT to facilitate the construction of the railroad bridge improvements.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for CSX Transportation, Inc. is 54-6000720.
3. FISCAL IMPACT
Funding in the amount of $1,008,897.00 is available in the Street & Highway Improvements Fund, Fund 7766, for this project expenditure. An amendment to the 2016 Capital Improvements Budget is necessary to necessary to establish sufficient cash and authority in the proper project.
4. EMERGENCY DESIGNATION
The Department of Public Service is requesting this Ordinance to be considered an emergency measure in order to allow for immediate execution of this construction agreement, which is necessary to facilitate the construction of these improvements in order to maintain the current project schedule and to meet community commitments.
Title
To amend the 2016 Capital Improvements Budget; to authorize the City Auditor to appropriate funds within the Street & Highway Improvements Fund, Fund 7766; to authorize the Director of the Department of Public Service to enter into a construction agreement with CSX Transportation, Inc. in connection with the Grandview Yard - Third Ave Railroad Bridge: Roadway Improvements - Third Ave Phase 2, Rail St Phase 3 an...
Click here for full text