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HomeMy WebLinkAboutAgenda Statement 1986/04/01 Item 6 COUNCIL AGENDA STATEMENT Item 6 Meeting Date 4-1-86 ITEM TITLE: Resolution / 2//7 7 Accepting contract work, Las Flores Drive and "D" Street between Second Avenue and Minot Avenue SUBMITTED BY: Director of Public Works/City Engineer REVIEWED BY: City Manager ij , ' (4/5ths Vote: Yes No X ) R. E. Hazard Contracting Company has completed the construction of street and drainage improvements for Las Flores Drive and "D" Street, between Second Avenue and Minot Avenue. The contract dated July 31 , 1985, was awarded by Resolution 12102 on July 16, 1985. RECOMMENDATION: That Council adopt resolution accepting public improvements. DISCUSSION: A final inspection of the public improvements for Las Flores Drive and "D" Street was made on March 6, 1986. All work was found to be completed in accordance with the contract plans, specifications, and change orders and to the satisfaction of the City Engineer. FINANCIAL STATEMENT: The City Council at the time of award of this contract approved Change Order No. One which provided for approximately 170 feet of curb, sidewalk, and pavement along the southeasterly side of "D" Street. This Change Order was included under direction of the Council to provide pedestrian access to Las Flores Drive northerly of "D" Street. In addition, seven property owners agreed to have their deferred improvements installed by Hazard Contracting Company in conjunction with the contract work. Their proportionate share of the cost is $37,385.99. The City advanced funds for the construction of these improvements under the contract with Hazard Contracting Company. Staff is preparing the required documents for a construction loan between the property owners and the City to reimburse the City for the funds advanced. Approval of these loans will be submitted to the City Council within the next month or so. The City Council approved this method of financing the deferred improvements by Resolution No. 11989 on April 9, 1985. $75,000 was appropriated for this purpose and transferred to the Public Improvement Loan Fund 105. 011 Page 2, Item 6 Meeting Date 4-1-86 FINANCIAL STATEMENT: (continued) Authorized Expenditure $306,100.00 Public Improvement Loan Fund 105 26,400.00 Total Authorized $332,500.00 Original Contract Amount $277,873.50 Change Order No. One (added curb & sidewalk) 10,000.00 Change Order No. Two (deferred improvements) 26,400.00 Change Order No. Three (added berm) $315,233.50 Final Construction Cost $307,259.20 Final Contract Construction Cost $271 ,530.51 Final Change Order 1 (By Council ) 8,567.98 Final Change Order 2 (deferred improvements) 26,208.71 Final Change Order 3 (additional berm) 952.00 $307,259.20 Balance of Authorized Expenditures $25,240.80 Total staff time cost from point of inception to February 27, 1986, is $33,787.43 x 1 .76; full cost recovery factor is $59,465.88. FISCAL IMPACT: City will assume maintenance of the public improvements. WPC 1951E 1 ",;/r1 ,.►t■./ ,the C ty Cc-anciI of Chula Dated 126C\