HomeMy WebLinkAbout2025 - RESO 42 - Budget Supplement KECI ContractCITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 42
SERIES OF 2025
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2025
RENEWAL WHEAT RIDGE BOND FUND BUDGET TO REFLECT THE
APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN
THE AMOUNT OF $1,256,679 FOR THE PURPOSE OF ISSUING A
CONTRACT FOR CONSTRUCTION OF THE 32ND AVENUE BIKE LANES
PROJECT TO KECI CIVIL, INC.
WHEREAS, the City recognizes the importance of improving city streets and
providing multi-modal facilities in various locations to allow for improved and safer
mobility; and
WHEREAS, KECI Civil, Inc. provided a bid to complete the 32nd Avenue Bike Lanes Project which will provide improved bike infrastructure along 32nd Avenue from Wright
Court to Zinnia Street; and
WHEREAS, funds are available in the Renewal Wheat Ridge Bond Fund but were
not encumbered therefore insufficient appropriations exist in the 2025 Renewal Wheat
Ridge Bond Fund to cover these expenditures; and
WHEREAS, the City of Wheat Ridge Charter requires that amendments to the
budget be affected by the City Council adopting a resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WHEAT RIDGE, COLORADO THAT:
Section 1. A transfer of $1,256,679 is hereby approved from the Renewal Wheat
Ridge Bond Fund undesignated reserves to account 40-101-800-805 and the 2025
revenues are amended accordingly.
Section 2. A contract in an amount not to exceed $1,256,678.25, comprising
$1,142,435.25 base and $114,243 in contingency funds, and subsequent payments is
hereby approved for an agreement with KECI Civil, Inc.
DONE AND RESOLVED this 25th day of August 2025
Bud Starker, Mayor
ATTEST:
Margy Greer, Sr. Deputy City Clerk