1988 AGN APR 05 AGN I13 - Laserfiche WebLink

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CITY OF COLTON AGENDA REPORT (CONTINUED) FOR COUNCIL MEETING OF April 5, 1988 SUBJECT: Award of Contract for Phase I of Fogg Street Extension Project, City Project #81-5 1. A. Continued: TOTAL FOR FY87-88 $335,950 Budgeted Funds for FY87-88 300,000 Difference $35,950 Staff would then recommend that the difference ($35,950) between what was allocated for FY87-88 and the actual first year project cost, plus contingency ($15,000), be taken from the capital improvement account for street overlay work. This would be the minimum required by the contractor to move on to the project this fiscal year. In addition, staff recommends that Council. conceptually.agree to allocate for the next fiscal. year as a capital improvement the remainder of the Fogg Street Project, Phase I in the amount of $315,343. This would allow the Fogg Street Extension Project to begin this fiscal year under one contract and proceed into the upcoming fiscal year for completion. In,addition, it would allow staff time to negotiate with the adjacent property owner for a contribution towards the project.. 2. Council take street overlay funds and allocate those funds to the Fogg Street project in the amount of $336,293 to complete the project in this fiscal year and award the contract to Bonadiman McCain Inc. in the amount of $636,293. (However, we would not be able to implement most of our street overlay program this year). RECOMMENDATION: Staff recommends that Alternative 1 be approved and Council authorize the City Manager to negotiate and execute award of the construction contract to Bonadiman McCain Inc. in the amount of $636,293 plus $15,000 contingency for a total of 651,29. JCH/1j CITY MANAGER'S CONCURRENCE: Page 2 of 2 item No.