TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Stephanie Katsouleas, Director of Public Works
Prem Kumar, City Engineer
Tim Birthisel, Senior Civil Engineer
SUBJECT:Title
Consideration of a Resolution Appropriating an Additional $70,000 from the Measure R Fund as Project Contingency for the Downtown Traffic Signal Upgrade Project (Public Works Director Katsouleas).
ADOPT RESOLUTION NO. 20-0138
Line.Line
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Recommended Action
RECOMMENDATION:ody
Staff recommends that the City Council:
1. Authorize a $70,000 increase to the Downtown Traffic Signal Upgrade Project (Project) contingency budget utilizing existing unencumbered funds available in the Measure R Annual Street Resurfacing Capital Improvement Project (CIP) Budget.
2. Authorize the City Manager to approve additional work performed by Comet Electric, Inc. for up to $70,000 for the Project.
FISCAL IMPLICATIONS:
The Downtown Traffic Signal Upgrade Project currently has an authorized construction and contingency budget of $1,343,122 in the CIP Fund and Measure M Fund. Given the additional work requested and unforeseen work already completed, an additional authorization of $70,000 is needed for the Project contingency budget, which is prudent to ensure that additional safety measures and unforeseen construction related issues can be addressed in a timely manner should they arise. The attached Budget and Expenditure report provides a summary of the detailed funding plan. Any unused funds will revert to the fund balance for future projects.
BACKGROUND:
In July 2018, City Council awarded a $924,524 construction contract to Comet Electric for the Project and authorized an additional construction contingency amount of $138,678, for a total construction budget of $1,063,202 to upgrade signals at four intersections in the downtown area. An additional $279,920 was allocated in October, 2019, expanding the Project...
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