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HomeMy WebLinkAboutItem 4.08 Annual Overlay Accpt Wrk (2) CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: October 10, 1994 SUBJECT: Acceptance of Work - Contract 94-05, Annual Overlay/Street Monuments Report by: Public Works Director Lee Thompson EXHIBITS ATTACHED: Budget Change Form RECO~ENDATION: 1 ) 2) 4) Accept improvements under Contract 94-05 Authorize final payment of retention in the amount of $22,361.67 to East Bay Excavating Company, Inc. Authorize release of faithful performance bonds Make appropriate budget adjustments FINANCIAL STATEMENT: Estimated Construction Actual As Budqeted Costs .~ (CIP) Overlay $ 66,245.00 · $ 112,504.55 (Operating Budget) Repair for Overlay striping Repair for Slurry Other Major Repairs 63,034.00 . 28,534.76 1,175.00 3,118.06 ~ 50,000.00 52,979.94 30,000.00 18,839.25 (CIP) * Raise Monuments 10,000.00 7,640.00 Subtotal (construction total): $ 220,454.00 $ 223,616.56 Overlay CIP: Design/Inspection/Misc. Monuments CIP: * Design/Inspection/Misc. 14,500.00 13,895.45 1,240.00 1,010.00 Grand Total: $ 236,194.00 $ 238,522.01 * Total CIP Project Budget is $21,240. $10,000 was budgeted for construction, $1,240 for Inspection, and $10,000 for Contract Survey Services. The Contract Survey Services will be undertaken pursuant to a different agreement. BUDGETED BY FUND Overlay General Fund (001) $ -0- SB 300 (220) 13,046 Measure B (217) 67,699 Gas Tax (206) -0- ODeratinq Monuments Total $ 64,209 $ -0- $ 64,209 -0- -0- 13,046 -0- .-0- 67,699 80,000 * 11,240 91,240 TOTAL $ 80,745 $ 144,209 $ 11,240 $ 236,194 Proposed Budget Adjustment to Reflect Additional SB300 Funds 13.230 Revised Budget: $ 249,424 ACTUAL COSTS BY FUND Overlay Operatinq Monuments Total General Fund (001) $ 32,500.00 $ 31,652.82 $ -0- $ 64,152.82 SB 300 (220) 26,276.00 ' -0- -0- 26,276.00 Measure B (217) 67,624.00 -0- -0- 67,624.00 Gas Tax (206) -0- 71,819.19 8,650.00 80,469.19 TOTAL $ 126,400.00 $ 103,472.01 $ 8,650.00 $ 238,522.01 NOT~: The final grant amount for SB 300 monies is $26,276, which is $13,230 more -- than budgeted. After adjusting the Budget to reflect the expenditure of these additional SB300 revenues, the total amount available will be $249,424. The project was completed for less than the revised budget amount. A budget change is necessary to account for the additional grant, as well as balance the accounts between the CIP and the Operating Budget. D~$CRIPTION: On August 8, 1994, the City Council awarded Contract 94-05, the Annual Overlay/Street Monuments Project, to East Bay Excavating Company, Inc. This contract consisted of two different Capital Improvement Projects: 1) the annual overlay, and 2) street monuments, as well as repairs on the slurry streets and other miscellaneous repairs. The following streets were overlaid: Hastings Way Alene Street Cardigan Street Canterbury Lane Flanders Way Portage Road Bedford Way Sutton Lane Allegheny Drive In addition to repairs on streets designated to be slurry sealed, failed areas were repaired on Village Parkway between Davona Drive and Kimball, and on Amador Valley Boulevard between Village Parkway and Dougherty Road. Forty street monuments, which had been covered during earlier overlays, were raised to the road surface. The City Engineer has reviewed the work on the project and determined that it is complete and in accordance with the approved plans and specifications. Staff recommends that the City Council accept the improvements and authorize payment and retention to East Bay Excavating Company, Inc., in the amount of $22,361.67. a:%overlay~agstacpt - 2 - CITY OF DUBLIN BUDGET CllANUE FORM CIIAff6E FORM uew appropriation[ I budget transfer budget change decrease budget account name account ~[ 1 2 accouat ~ 3 na,,m GEN FUND-ST MAINT- account )1 4 001 - 3020- 740 - 020 account ~ account ~ 6 account 7 account 8 TOTAL BUDGET INCRF~SES increase budget account ] n~eSB 300 FUND OVERLAY PRO3ECT IMPROVEMENTS ]account ~ 11220 - 9658 - 750 050 $ 13,230.00 ]2 $ [account ~ FOR INFO 13 $ ONLY I. OWRLA 34,373. q4 001- 9658 - 750 -050 $ 32,500.00 ~ tEN FUND- ST ~INT. CONTaCT-STRIPING ~ ¢~,%~3 ]~cco~t ~ ~ 15001- 3020-740 - 025 $ 1,873.00 ~ [account ~ $ 16 ]account # $ 17 I na*e laccount ~ $ [8 $ TOTAL BUDGET DECREASES REASONS, JUS~FIC~ION, mD ITEMIZED C~TS: #1. THE CITY WILL RECEIVE A HIGHER SB 300 GRANT ALLOCATION THAN WAS ANTICIPATED IN THE ORIGINAL BUDGET. THIS WILL APPROPRIATE AN ADDITIONAL EXPENDITURE OF SB 300 EXPENSES, ON THE OVERLAY PROJECT A-ND IT WILL BE OFFSET BY ADDITIONAL REVENUES IN THE SAME AMOUNT. #2. THE PRELIMINARY BUDGET INCLUDED FUNDS IN THE OPERATING BUDGET FOR STREET REPAIR, WHICH WILL BE REQUIRED FOR MATCHING FUNDS ON THE OVERLAY PRO3ECT. THIS WILL TRANSFER THESE MONIES FROM THE OPERATING BUDGET TO THE CIP PROJECT. THE STRIPING UNDERTAKEN ON THE OVERLAY PRO3ECT IS EXPENSED IN THE OPERATING BUDGET. THE AMOUNT BUDGETED WAS LESS THAN THE ACTUAL AMOUNT BY $1,873. CITY HhNAGER CiTY COUNCIL \ \ signature date l0 \ I0 \ 94 signature PETER W. SNYDER, MAYOR date