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HomeMy WebLinkAboutAGENDA REPORT 2007 0404 CC REG ITEM 10Eof ACTION: di[.LX MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Lail, City Engineer /Public Works Director / DATE: March 26, 2007 (CC Meeting of 04/04/07) SUBJECT: Consider Notice of Completion for the Magnolia Park Street Improvement Project DISCUSSION A. Background / Project Scope The FY 2006/07 Budget includes Project 7816 for the construction of a park at the intersection of Charles Street and Magnolia Street. The City undertook and completed efforts necessary to vacate Magnolia Street between Charles Street and a point just north of the Fire Station. The future park will include the vacant property at the southwest corner of Charles Street and Magnolia Street, and the vacated Magnolia Street right -of -way. The subject project is for the construction of Phase 1 of the park improvements. This work included the removal and /or modification of street improvements in the vicinity of the future park. Phase II of the project, the construction of the park improvement, will follow later this year. B. Changes 1- Quantity Adjustments: As is typical with public works construction projects, the actual quantities required for the job differed from the engineer's estimate. This project required additional quantities of certain bid items resulting in an additional cost of $3,737.00. 2. Change Orders: One Contract Change Order was approved for the removal and replacement of damaged curb and gutter in the vicinity of the project and the installation of a new water line connection. city share/public works/everyone/staff reports/2007 /ApriVMagnolia Park comp ') n U U 1 9 Honorable City Council April 4, 2007 Page 2 C. Fiscal Impact Construction Cost Summary: The total project construction cost is summarized as follows: Description Amount (a) Bid amount 67,332.50 Quantity Adjustment 3,737.00 Change Order 15,498.50 Total 86,568.00 2. Total Project Cost Summary. Total project costs are summarized as follows: Phase 1 3. Budget There are sufficient funds appropriated for the design and construction of both the subject street work and the future park improvements. A preliminary estimate of budget requirements for both projects is as follows: Project 7816 Current Estimated Future Est. Required Magnolia Park Budget ($) Appropriation ($) Budget ($) FY06 /07 Budget 532,044 0 532,044 Plus Prior Year Est. Costs 12,948 12,948 Total Appropriations 544,992 0 544,992 4. Funding Source: The funding source for this project is Fund 2904: Moorpark Redevelopment Agency. D. Final Inspection and Acceptance The City has completed a final inspection of the project and has found the work to be acceptable. At this time it would be appropriate for the City Council to accept the project as complete so that the City Clerk may record the Notice of Completion to start the final lien period. If no Stop Notices are received from subcontractors or suppliers, the ten percent retention will be released thirty -five (35) days after the date of the recordation of that notice. taty shere/public works /everyone/staff reports /2007 /apriUM"noiia Park COMP 000020 Street Park Project Element Work ($) Impr. ($) Total ($) Design 11,144 15,000 26,144 Street Vacation 4,260 0 4,260 Constructon 86,568 285,000 371,568 Inspection /Surveying 2,734 2,000 4,734 Total 104,706 302,000 406,706 3. Budget There are sufficient funds appropriated for the design and construction of both the subject street work and the future park improvements. A preliminary estimate of budget requirements for both projects is as follows: Project 7816 Current Estimated Future Est. Required Magnolia Park Budget ($) Appropriation ($) Budget ($) FY06 /07 Budget 532,044 0 532,044 Plus Prior Year Est. Costs 12,948 12,948 Total Appropriations 544,992 0 544,992 4. Funding Source: The funding source for this project is Fund 2904: Moorpark Redevelopment Agency. D. Final Inspection and Acceptance The City has completed a final inspection of the project and has found the work to be acceptable. At this time it would be appropriate for the City Council to accept the project as complete so that the City Clerk may record the Notice of Completion to start the final lien period. If no Stop Notices are received from subcontractors or suppliers, the ten percent retention will be released thirty -five (35) days after the date of the recordation of that notice. taty shere/public works /everyone/staff reports /2007 /apriUM"noiia Park COMP 000020 Honorable City Council April 4, 2007 Page 3 STAFF RECOMMENDATION Accept the work as complete and direct the City Clerk to record the Notice of Completion. c:aty share/public works/everyone/staff reports /2007 /apnVMagndia Park comp 00()02-1