ACTION REQUESTED:
Title
Communication from the City Manager and Interim Director of Public Works with a Request for Approval of the Following Items:
A. APPROVE Change Order #2 to the 2018 SIDEWALK PARTICIPATION CONTRACT with ILLINOIS CIVIL CONTRACTORS, INC., in the Amount of $22,000.00, for a Total Budget Amount of $452,000.00 for this Construction Project (Ref. #18-104 and 18-176); and
B. ADOPT an ORDINANCE Amending the City of Peoria 2019 REVISED BUDGET Relating to the 2019 Capital Fund to Increase the 2018 Sidewalk Participation Program by $22,000.00 and to Recognize the Corresponding Reimbursements from 1) Developer Dan Waibel and 2) Illinois American Water Company.
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BACKGROUND: Council originally approved Change Order #1 to this Contract on June 12, 2018 with Item # 18-176. That Change Order will not be needed as Commerce Bank pulled away from the $100,000 agreement. This will take the Contract back to its original limit of $430,000 per Council Item # 18-104.
Moving forward, $22,000 is needed to close out the 2018 Contract with IL Civil Contractors Inc. These funds will be derived from revenues generated by a reimbursement made to the City by Growth Cell 1A agreement with a developer for work agreed upon along Wilhelm Rd. And secondly, a reimbursement was made by an agreement with IL American Water Company for work performed on Lakecrest Dr in 2018.
FINANCIAL IMPACT: A developer has submitted a $9,950 reimbursement which was then placed into an escrow fund in project E17020/K1701. A portion of the funds for the Change Order will come from that developer contribution.
The Second part, $12,050.00, will come from a reimbursement made by IL American Water Company for work performed on Lakecrest Dr. The reimbursement has been made by IL American Water Company.
NEIGHBORHOOD CONCERNS: N/A
IMPACT IF APPROVED: Staff can issue final payments to the Contractor and close the project.
IMPACT IF DENIED: The Contractor will not be paid for work t...
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