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HomeMy WebLinkAboutItem 4.03 Accept Work 94-04A (2) · CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: August 8, 1995 SUBJECT: Acceptance of Work - Contract 94-04A Dougherty Road/Sierra Lane Improvements Report by: Lee S. Thompson, Public Works Director EXHIBITS ATTACHED: Budget Change Form Accept improvements constructed under Contract 94-04A Authorize retention payment 35 days after acceptance to Grade Tech, Inc. in the amount of $14,445.11. Approve Budget Change Form FINANCIAL STATEMENT: Project Budget and Expenditures by Fund Actiaal Total Expenditures Project Budget ! 994-9~ Expenditures 1994-95 Actual Prior Year Expenditure~ General Fund (001) Gas Tax (206 ISTEA and TSM (210) Measure B (217) Developer Contribution (300) 4,642 0 0 0 34.048 $ 0 $ 4,642 $ 0 92,829 92,829 116,290 206,710 206,710 153,432 5,081 5,081 5,081 43.007 77.055 41.449 TOTAL: $ 38,690 $ 347,627 $ 386,317 $ 316,252 CQNSTRUCTION COSTS: Budget $ 287,252.00 Actual Costs $ 288,902.08 A net budget change (see attached form) will be required in the amount of $31,375 which will affect the Gas Tax, ISTEA and Capital Project Funds. FUND~G: The project is overbudget for 1994-95 because a portion of the ISTEA'grant was expected to be expended in 1993-94; but was, in fact, expended in 1994-95. Another reason for the budget change - request is that a Traffic System Management (TSM) grant in the amount of $23,710 was obtained alter the budget was approved. This had the effect of reducing the needed Gas Tax monies for this project. [FILE .... COPIES TO: Grade Tech, Inc. I C I T Y C L E R K DESCRIPTION: On December 27, 1994, the City Council awarded Contract 94-04A, Dougherty Road/Sierra Lane Improvements, to Grade Tech, Inc. This project added a traffic signal at Dougherty Road and Sierra Lane, median improvements on Dougherty Road between Dublin Boulevard and Sierra Lane, a new City entrance sign, street lights and additional traffic channelization. It was primarily a safety project to reduce right-angle accidents at this intersection. 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. g:~sierrasg~agstaccp CITY OF DUBLIN BUDGET CHANGE FORM FY 1994/95 CHANGE FORM # New Appropriations (City Council Approval Required): Budget Transfers: From Unappropriated Reserves From Budgeted Contingent Reserve (1080-799.000) Within Same DeparUnent Activity __X__ From New Revenues Between Departments (City Council Approval Required) x Other Between Funds Same Project Name: GAS-TAX: Dougherty/Sierra Signal- Name: ISTEA: Dougherty/Sierra Signal-lmpvts Impvts $23,461.00 $ 53,278.00 Account #:206-9655-750-050 Account #:210-9655-750.-050 Name: Name: CAP PROJECT: DougherW/Sierra Signal-lmpvts $ 1,558.00 Account #: Account #:300-965~-750.-050 Name: Name: 4.ccount #: Account #: Account #: Account #: Name: Name: Account #: Account #: Account #: Account #: REASON FOR BUDGET CHANGE ENTRY: The City Council considered final acceptance of the project at the City Council meeting on August 8, 1995. The final financing of the project differed from the budget due to the following conditions: 1) The City was the receipient of a supplemental ISTEA Matching Grant (California Traffic System Management Grant), which increased the total amount allowed in the ISTEA Fund (210). 2) The availability of increased ISTEA funds reduced the amount of Gas Tax Funding required. 3) The original budget appropriation in the Capital Projects Fund did not account for a Developer Contribution on a project approved by the Planning Commission in July of 1994. City Manager: Date: Signature Signature Posted By: Signature Date: