HomeMy WebLinkAbout54-95 RESOLUTIONRESOLUTION NO. 5 4 - 9 5 A RESOLUTION AUTHORIZING THE EXECUTION OF CHANGE ORDER NO. 3 TO THE CONSTRUCTION CONTRACT IN THE AMOUNT OF $24,586.25, FOR THE MILL AVENUE EXTENSION AND APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $23,149.00. BE IT RESOLVED BY THE CITY COUNCIL OF •THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Mayor and City Clerk are hereby authorized to execute Change Order No. 3 to the construction contract with Milholland Company in the amount of $24,586.25, for the Mill Avenue extension project. A copy of the change order is attached hereto marked Exhibit "A" and made a part hereof. Section 2. That the Council hereby approves a budget adjustment in the amount of $23,149.00 increasing Street Improvements, Acct. No. 4470 9470 5809 00, Project No. 90005 by decreasing Use of Fund Balance, Acct. No. 4470 0947 4999 99. A copy of the budget adjustment is attached hereto and made a part hereof. PASSED AND APPROVED this 4th day of Apnl , 1995. 4/10L tif Traci Paul, City Clerk APPROVED: By: red Hanna, Mayor EXHIBIT A CHANGE ORDER No. 3 PROJECT: OWNER: (Name, Address) MILL AVENUE EXTENSION DATE OF ISSUANCE: ;17w2ETFAMONT L_REET tAYETTEVILLE, ARKANSAS 72701 CONTRACTOR: JERRY D. SWEETSER CONSTRUCTION, INC. ENGINEER: MILHOLLAND COMPANY 205 WEST CENTER ST. FAYETTEVILLE, AR 72701 OWNER's Bid No. 94-49 ENGINEER's Project No. E-269 CONTRACT FOR: STREET AND DRA NAGE IMPROVEMENTS You are directed to make the following quantity changes in the Contract Documents. Description: ADDITIONS TO BASE B7: ITEMS. A. BID ITEM 1.3 • MATERIAL FRCM OF CHANGE ORDER NO. COMPACTED "HILLSIDE" SUB -BASE FSITE 3 - 2,255 ^ V @ $9.25/T.Y. - $21,136.25 B. 3ID ITEM X77T. CONSTRUCT STANDARD FRENCH :..,r<AINS WITH RIGID PERFORATED P.V.C. PIPE, CHANGE ORDER NC. 3 - 600 L.F. @ S8.00/L.F. - - S 4,800.00 TOTAL ADDITIONS TO BASE BID ITEMS $25,936.25 DELETIONS TO EASE BID ITEMS: A. EID ITEM IC- PLP.CEMENT CF FRENCH DRAIN :COX WITHIN UTILITY.AND/OR STORM DRAINAGE 3:PE TRENCLT, AS REQUESTED BY THE ENGINEER, CHANGE OR:ER NO. 3 - 100 TONS @ $13.50/TON - - $ 1,350.00 TOTAL DELETIONS TO BASE BID ITEMS TOTAL NET COST INCREASE FOR CHANGE ORDER NG. 3 $ 1,350.00 $24,586.25 CHANGE IN CONTRACT PRICE Original Contract Price S 181,982.00 Previous Change Orders No. 1 LO 2 S 23,458.75 ‘..ontracz Price prior to tn_s Change Order S 205,440.75 CHANGE IN CONTRACT TIME: Original Contract Time 8.0 CONSECUTIVE CALENDAR DAYS days or date .Net cnange from previous Change Orders 25 CONSECUTIVE CALENDAR nAys days Net Increase (decrease) o this Change Order S 24,586.25 Contract lime Prior to this Change Order 105 CONSECUTIVE CALENDAR DAYS days or date Net Increase of this Change Order -0- Contract Price witn a Change Orders S 230,027.00 acoroved days Contract Time witn all approved Change Orders 105 CONSECUTIVE CALENDAR DAYS days or date RECOK NDED: by Eng APPROVW- Contrac APPRO Owne City of Fayetteville, Arkansas Budget Adjustment Form Budget Year 1995 Department: Sales tax Capital Improvement Fund Division: Program: Date Requested March 7, 1995 Adjustment # Project or Item Requested: Additional funding is requested for Mill Avenue Project. Projec or Item Deleted: None. Justification of this Increase: Additional funding is requested to enable the construction contract to be increased and to provide a contingency to complete the project. Original project budget including contingencies is $218,378. Original contract and change orders approved total $205,441 and additional change order has been submitted for a total of $24,586. Approval of this budget adjustment would provide sufficient funds to pay for the additional change order and provide a project contingency of 111,500. Justification of this Decrease: City sale's tax revenues for 1994 were in excess of estimated revenu Increase Account Name Amount Account Number Project Number Street Improvements Account Name Use of Fluid Balance 23,149 4470 9470 5809 00 90005 Decrease Amount Account Number Project Number 23,149 4470 0947 4999 99 Budgit Coo 14/3 dinator Department Director Adm1S(27 ctor Budget Office Use Only Type: A BCD 12 F Date of Approval Posted to General Ledger Entered in Category Log Budget Office Copy