This Mayor and Council Communication (M&C) is to reallocate previously appropriated funding between various street improvements projects in Council District 5, with the revised funding by project shown below. On December 13, 2016, the City Council appropriated funds from a cancelled project (M&C G-18738) to nine other street improvement projects in Council District 5, with the appropriations based on anticipated costs of each project. As the projects have progressed, TPW finds the total funding to be sufficient, however six of the projects are out of balance. Certain projects are underfunded for various reasons such as increased construction costs, changes in the contracting method, project management, and third party inspection costs. TPW recommends redistributing the appropriated funds from the projects that are under budget to allow for completion of the remaining projects. Adoption of the attached ordinance will adjust the remaining appropriations in various projects without changing the cumulated total. The projects at issue listed below identifies the original appropriation amount (based on planned estimates for the construction cost) and the proposed adjustments.
Project Number | Project Name | Original Funding | Current Funding | Revised Funding Amount | 100744 | Pate Drive (Coleman to Berry) | $700,000.00 | $700,000.00 | $393,707.20 | 100741 | Elgin St (Dillard to Stalcup) | $335,000.00 | $335,000.00 | $461,763.30 | 100740 | Grayson St (S Cravens to Casa Loma) | $170,000.00 | $170,000.00 | $194,493.30 | 100739 | Casa Loma (N Terminus to S Terminus) | $50,000.00 | $50,000.00 | $64,474.20 | 100743 | Handley Drive (Lancaster to Meadowbrook) | $1,939,000.45 | $1,939,000.45 | $1,882,000.45 | 100732 | Liberty Street | $100,000.00 | $100,000.00 | $297,562.00 | * | Totals | $3,294,000.45 | $3,294,000.45 | $3,294,000.45 |
Completion of these projects will have no impact on the Transportation and Public Works annual operating budget nor on the Water Department's operating budget when completed. Construction is already in progress.
The project is located in COUNCIL DISTRICT 5.
This M&C does not request approval of a contract with a business entity.
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