Title
RESOLUTION APPROVING CHANGE ORDER TO CONTRACT WITH FLATIRONS CONSTRUCTORS, INC. FOR TOWER ROAD WIDENING PROJECT, REGIONAL DRAINAGE IMPROVEMENTS
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Summary and Background Information: As a part of the Tower Road Widening project discussions, members of the ECAGID/ERAGID requested the inclusion of the drainage improvements in the project. Plans have been prepared and a price for the work provided by the City’s Tower Road Widening Project contractor, Flatirons Constructors, Inc. Since the total costs exceed the City’s reimbursement amount of $5.2M, the affected property owners must pay for the additional costs. Reimbursement agreements have been developed with each property owner.
The agreements are written such that any amount above the City’s contribution will be reimbursed by the property owners. At this time, the estimated reimbursement amount is $6,215,600. Portions of this will be collected from the various property owners up-front and portions will be collected upon platting of their property, on a pro-rata basis.
Flatirons has requested that a Notice to Proceed be issued by July 31, 2017 in order to avoid impacts to the Tower Road Widening Project schedule. Therefore, approval of this change order is subject to receiving the signed reimbursement agreements from each property owner by July 21, 2017.
Staff Responsible (Department Head): Maria D’Andrea, Director of Public Works
Staff Member Presenting: Maria D’Andrea, Director of Public Works
Financial Impact: $9,337,600.00
Funding Source: 2K Funds, Tower Road Widening Project budget
Staff Recommendation: Approval of Resolution
Suggested Motion: I move to approve Resolution 2017-68