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HomeMy WebLinkAboutAGENDA REPORT 1996 0904 CC REG ITEM 07ETO: The AGENDA REPORT C=TY O1F MOORPARK Honorable City Council FROM: Kenneth C. Gilbert, Director of Public Works DATE: August 20, 1996 (CC Meeting: 9 -4 -96) l ?0r SUBJECT: Consider Approval of an Increase to the Project Cost and a Change to the FY 1996/97 Budget for a Project to Widen Moorpark Avenue to Facilitate Right Turn Traffic from Moorpark Avenue to Poindexter Avenue On June 5, 1996, the City Council awarded a contract for the subject project. A. Revised Contract Cost pndx.rl During the course of construction the City was advised by Caltrans that it is necessary to relocate certain traffic signal conduits which interconnect the Poindexter traffic signal to the High Street signal and the railroad crossing preemptive circuit. The cost of a Change Order to cover this and other work is $5,750. This amount exceeds the ten percent (10 %) construction contingency approved for the project. It is necessary, therefore, to request City Council approval of a revised project cost and budget for this project. The work was authorized by the City Manager in advance of City Council approval in order to avoid construction delays. The project cost adjustment requested below also includes an increase to the construction contingency and an adjustment to the Inspection and Contract Administration costs to reflect actual anticipated costs. A summary of the requested increase to the approved project cost is as follows: r -I Original Revised Estiaated Additional Estizated Relent Cost Cost Cost • Design 4,000 0 4,000 • Printing, Advertising, etc. 100 0 100 • Construction 19,909 5,750 25,659 • Construction Contingency (10 %) 1,991 750 2,741 • Advin & Inspection 2,000 X500 -150-0 Total 28,000 8,000 36,000 r -I Poindexter Right Turn Lane September 1996 Page 2 B. Budget Carryover It was presumed that the construction of this project would have been completed before July 1996. The bulk of the funds for the project were, therefore, budgeted in FY 1995/96. As you know, the work was not started until recently. However, the unexpended funds in FY 1995/96 were not carried over to FY 1996/97. It is necessary, therefore, to include in the required budget amendment, the reappropriation and re- budgeting of funds for this project. A summary of the required budget amendments is as follows: RFC�NHEND1�iTION Staff recommends that the City Council take the following actions: 1. Approve the revised project cost and construction contingency for the subject project as stated in this report. 2. Approve a changes to the appropriations for FY 1996/97 as follows: a) LTF Fund (203.801.8015.000.9903): ($5,000 decrease); b) L A AOC Fund (211.901.8015.000 $31,000 ($31,000 increase). pndx.rl and budget amount from 5,000 to 0 .9903): from 0 to Current Unexpended/ Revised Elpvent %"t ($) * Ch FY 1995/96 • 027.142.903.000420 [L A AOC] 30 000 r (25,000) 5,000 FY 1996/97 • 203.801.8015.000.9903 [LTF] 5,000 * (5,000) 0 • 211.901.8015.000.9903 [L A AOC] 0 * 31,000 _�, Two Year Total 36,000 RFC�NHEND1�iTION Staff recommends that the City Council take the following actions: 1. Approve the revised project cost and construction contingency for the subject project as stated in this report. 2. Approve a changes to the appropriations for FY 1996/97 as follows: a) LTF Fund (203.801.8015.000.9903): ($5,000 decrease); b) L A AOC Fund (211.901.8015.000 $31,000 ($31,000 increase). pndx.rl and budget amount from 5,000 to 0 .9903): from 0 to