2000 AGN APR 04 I07 - Laserfiche WebLink

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CITY OF COLTON AGENDA REPORT FOR COUNCIL MEETING OF APRIL 4, 2000 TO: Honorable Mayor and City APPROVAL: Hepf' y. Garcia, City FROM: Community Devel SUBJECT: Reprogramming of $34,774.95 of CDBG (Community Development Block Grant) Funds from the Colton Contingency/Unprogrammed Account to the activity, "Historic Preservation -Colton Museum" DATE: March 28, 2000 BACKGROUND: The City's Contingency/Unprogrammed Funds Account, currently has a balance of 334,774.95. In March, 1999, the City Council accepted the concept to reserve these funds for future allocation to the Colton Museum Restoration project, should construction bids exceed the amount of funds currently available in the project account. The current balance of CDBG funds available for construction in the Museum project is $115,755. DISCUSSION/ANALYSIS: On Tuesday, March 14, 2000, the Public Construction Bids were open for the Colton Museum Renovation Project. There were three bids submitted for the project from the following contractors: 1. Southland Empire, Rancho Cucamonga, CA $ 149,871 2. Wyatt Construction, Colton, CA 185,108 3. W.B. Construction Co., Riverside, CA 283,199 Due to various discrepancies with the bids, under separate action staff is requesting the Council to reject all bids and approve the re -advertisement of new bids for the project. In view of the bid amounts that were received, it is apparent that additional funds will be required to complete the project. Therefore, staff is requesting that the Council approve the reprogramming of the $34,774.95 of Community Development Block Grant (CDBG) funds that remain in the City's Contingency/Unprogrammed Account to the project. ALTERNATIVES: Deny the reprogramming request and retain the full amount of $34,774.95 in the Contingency/Unprogrammed Fund Account, until new construction bids are received for the Colton Museum Restoration Project. Item #7