TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Stephanie Katsouleas, Public Works Director
Prem Kumar, City Engineer
Helen Shi, Senior Civil Engineer
SUBJECT:Title
Consider:
a) Accepting $126,000 in Additional Highway Safety Improvement Program (HSIP) Grant Funding for the Sepulveda Boulevard (SR-1) at 8th Street Traffic Signal Upgrade Project and Appropriating Those Funds in the Streets and Highways Fund; and
b) Authorizing Change Order No. 1 in the Amount of $55,922 (Public Works Director Katsouleas).
ADOPT RESOLUTION NO. 20-0058 APPROVING AN APPROPRIATION AND CHANGE ORDER
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Recommended Action
RECOMMENDATION:
Staff recommends that City Council approve Resolution No. 20-0058:
1. Accepting $126,000 in additional grant funds from the Highway Safety Improvement Program (HSIP) for the Sepulveda Boulevard (SR-1) at 8th Street Traffic Signal Upgrade Project and appropriating this amount in Streets and Highway Fund for the project; and
2. Authorizing Change Order No.1 in the amount of $55,922.
FISCAL IMPLICATIONS:
The current budget for the Traffic Signal Upgrade Project: Sepulveda Boulevard (SR-1) at 8th Street Project (Project) includes $212,611 in HSIP grant funding (administered by Caltrans) and $154,039 in City funds from the Streets and Highways Fund, for a combined total construction budget of $366,650. A contract was awarded to Belco for $316,500, with an authorized contingency of $31,650 for a total construction contract budget of $348,150. The budget for the construction phase of the project is now $492,650, which fully covers the change order request of $55,922 and provides $70,078 in additional contingency funds. All grant funds and required matching funds will be expended first, and any remaining City funds will be returned to the Streets and Highways fund balance. The attached budget and expenditures summary is provided for reference.
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