TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Erick Lee, Public Works Director
Katherine Doherty, City Engineer
Jeff Fijalka, Senior Civil Engineer
SUBJECT:Title
Consideration of a Resolution to Reappropriate Funds in the Amount of $157,000 and Increase the Contingency Amount in the Construction Contract with Monet Construction by that Same Amount for the Fire Station No. 2 Replacement Project and Accept as Complete Work Performed by Monet Construction (Public Works Director Lee).
A) ADOPT RESOLUTION NO. 24-0053
B) REAPPROPRIATE FUNDS
C) ACCEPT
D) AUTHORIZE
Line
_________________________________________________________
Recommended Action
RECOMMENDATION:
Staff recommends that the City Council:
1. Adopt Resolution No. 24-0053 to accept and authorize the City Manager and/or his or her designee to approve additional construction work by Monet Construction (Monet) for the Fire Station No. 2 Replacement Project (Project) up to $1,076,500, increasing the construction contingency by $157,000;
2. Reappropriate funds totaling $157,000 within the Capital Improvements (CIP) Fund;
3. Formally accept as complete the Monet construction agreement for the Project;
4. Authorize the filing of the Notice of Completion with the County Recorder; and,
5. Authorize the release of the retention of $406,546.75 to Monet.
FISCAL IMPLICATIONS:
The construction agreement with Monet for the Project was awarded for $7,055,000, with an authorized construction contingency of $919,500. Six change orders were executed on the project in the net amount of $808,764.52, bringing the total amount expended to $7,863,764.52. Monet has now completed the contracted scope of work, as well as additional work requested by the City for a total cost of $8,130,935.01. In order to execute the final contract change order for the additional work, the City must increase the Monet contract authorization by $157,000, bringing the total contract authorization to ...
Click here for full text