Title
Discussion of issues relating to entering into an agreement with Binkley & Barfield, Inc. for professional engineering services for the 2016 Street Bond program.
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Summary:
Over the last few weeks staff has been negotiating a professional service contract with Binkley & Barfield, Inc. for the 2016 Street Bond program. This firm was chosen by the Architectural & Engineering Selection Committee to perform the engineering services for this Bond program. The streets selected for reconstruction are as follows: Baron Ln. / Cork Ln., Dahlia Ln. / Ember Ln., Fleet Ln. / Glacier Ln., Hastings Ln. / Iris Ln., Justin Ln. / Kelvin Ln., and Amherst Ln. / Brown Ln., W. Ninth St. from Boston Ave. to Center St., and W. Twelfth St. from the dead end to Center St. (see attached map).
Consulting fees of $616,061.00 and estimated construction cost of $6,057,000.00 brings the total estimated project cost to $6,673,061. This total exceeds the $6,418,148 budgeted amount; however, the construction cost contains a 20% contingency in the estimate. Once the design is further along and the construction cost are refined staff will be able to determine if one of the streets is to be bid as an add alternate so it can be removed from the project if the bid is exceeds the allocated funding.
Approximately $842,000 of waterlines adjacent to the looped street sections in the Ridgeway Subdivision need to be upsized from two to six inches. Bond counsel has informed staff that these C.O. Bonds funds can be used to pay for waterline replacement if the waterlines are an integral part of the street reconstruction program. If these Street bonds funds are used to pay for the waterline upsizing during street reconstruction, there will be fewer funds available for street reconstruction. However, there are no budgeted funds for the waterline upsizing.
Fiscal/Budgetary Impact:
2015 Certificates of Obligation ($4,700,000) and fund 90-403-4406 ($1,718,148)
Recommended action
Discussion ...
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