Explanation
1. BACKGROUND
This ordinance seeks authorization for the Director of Public Service to enter into a Construction Guaranteed Maximum Reimbursement Agreement with Edwards Communities Construction Company, LLC (the “Developer”) and to separately encumber funds required for the City to perform construction administration and inspection services for the NCR Weinland Park (7th to 9th) project.
The City is undertaking the NCR Weinland Park (7th to 9th) capital improvement project, which will make streetscape improvements to North High Street from 7th Avenue to 9th Avenue (the “CIP Project”). The CIP Project is anticipated to start utility relocation in 2017 and construction in 2018.
Within the limits of the CIP Project, the Developer is completing a mixed-use development project with frontage along the east side of North High Street from 8th Avenue to 9th Avenue that is anticipated to be completed in July 2017. In an effort to have the portion of the CIP Project located immediately adjacent to the Developer’s project completed by July 2017, it is necessary for the Developer to undertake construction of that portion of North High Street from 8th Avenue to 9th Avenue (the “Project”). The estimated cost for construction and inspection of the Project is $550,000.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for Edwards Communities Construction Company, LLC is CC21143-142044, which expires July 22, 2017.
3. FISCAL IMPACTS
Funding in the amount of $555,000.00 is available for this project in the Streets and Highways Bond Fund within the Department of Public Service. An amendment to the 2016 Capital Improvement Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
4. EMERGENCY DESIGNATION
Emergency action is requested so as to allow the Director of Public Service to immediately execute a Construction Guaranteed Maximum Reimbursement Agreement and to encumber ...
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