HomeMy WebLinkAboutResolution 2016-0008CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. !
Series of 2016
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2016 CAPITAL
INVESTMENT PROGRAM BUDGET TO REFLECT THE APPROVAL
OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE
AMOUNT OF $165,785 FOR THE PURPOSE OF PROVIDING
ADDITIONAL FUNDING FOR THE TABOR STREET
RECONSTRUCTION AND AWARDING THE CONTRACT TO DURAN
EXCAVATING, INC., GREELEY, CO, IN THE AMOUNT OF $872,202
WHEREAS, bids were opened for the Tabor Street Reconstruction project; and
WHEREAS, the City Council wishes to implement the Tabor Street
reconstruction improvements as part of the City's support of the completion of the Gold
Line Commuter Rail Corridor; and
WHEREAS, the City has been awarded a federal grant by the Federal
Transportation Authority through Denver Regional Council of Governments (DRCOG)
and the Regional Transportation District (RTD) to provide for the construction of this
particular street segment; and
WHEREAS, the City has selected, by an established process, a contractor to
perform the construction; and
WHEREAS, the 2016 CIP Budget must be amended to increase funding to
provide construction.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat
Ridge, Colorado, that:
Section 1. Budget Amended. The City of Wheat Ridge fiscal year 2016 CIP
Budget be amended to transfer an amount of $165,785 from General Fund Reserves to
line item 30-303-800-860 for the Gold Line Station Street Improvement and adjust
revenue accordingly.
Section 2. Project Awarded. The Tabor Street Reconstruction is awarded to
Duran Excavating, Inc. in an amount of $872 ,202 to construct the project.
Section 3. This Resolution shall be effective immediately upon adoption.
DONE AND RESOLVED this 2511-day of!'lt<er':J , 2016.
L 0 ~---'--\:>J