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HomeMy WebLinkAboutResolution-2005-0038 RESOLUTION NO. 38 Series of 2005 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2005 CAPITAL INVESTMENT PROGRAM (CIP) BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $15,981.70, ALONG WITH AWARDING ITB-05-17 ESTES- CARR MAJOR STREET IMPROVEMENT PROJECT, PHASE II, IN AN AMOUNT NOT TO EXCEED $765,981.70 WHEREAS, the City's current budget for Community Development Block Grant (CDBG) funds projectIOn needs to be adjusted to reflect the increase In the actual amount as determined by Jefferson County for 2005; WHEREAS, the City has determined to allocate the 2005 CDBG funds as additIonal funds to extend a roadway Improvement project In the HUD qualified area. ThiS funding will assist in the revitalization of the Clearvale SubdiVISion. WHEREAS, funds In the 46th Avenue - 1-70 Estes-Carr Major Street Improvement CIP account should be Increased as a result of this increase In CDBG funding to finance the project; WHEREAS, bids have been received for construction of the Estes-Carr Major Street Improvement Project, Phase II, NOW THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: A. The City of Wheat Ridge fiscal year 2005 eIP Budget be amended accordIngly, specifically adjustIng the Community Development Block Grant line item, account # 30-520-00-539, from $40,000.00 to $188,43700 and amend the 46th Avenue - 1-70, Carr-Estes Major Street Improvement line item, account # 30-303-800-846, from $750,000.00 to $766,000.00. B Award the ITB-05-17, Estes-Carr Street Improvement Project, Phase II, #S-02-05, to New Design Construction in the bid amount of$696,347 00 C Approve a contingency amount of$69,634.70 D Authorize the Director of Public Works to issue change orders up to a total contract and contmgency amount of$765,981.70 E. Authorize that all costs assocIated with thIS contract be paId from account number 30-303-800-846, and that these funds be encumbered for the length of the project m accordance with Ordmance #787, 1989 Series. DONE AND RESOLVED THIS :2<:; day_of July 2005. ,~ ATTEST: ('" . . i "\ ~-" ';\'k \ It, y ~'"') \ Pam Anderson, C~ty Clerk c. ' i _J-o#" " -....1 v. ,\--:' .'" \ ~',