City of Peoria - File #: 18-050

• File #: 18-050
• Version: 1
• Name: NE Finch Contract Award for Riverfront Demo Project
• Type: Contract
• Status: Approved
• File created: 1/12/2018
• In control: City Council
• On agenda: 3/13/2018
• Final action: 3/13/2018
• Title: Communication from the City Manager and Director of Public Works with a Request for the Following: A. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2018-2019 BIENNIAL BUDGET Relating to the Capital Fund to Recognize the Receipt of a Private Donation through the DOWNTOWN DEVELOPMENT CORPORATION and Corresponding Expenditures for the RIVERFRONT VILLAGE DEMOLITION PROJECT, in the Amount of $1,584,000.00. B. ACCEPT the LOW BID from N.E.FINCH CO. and Award a Construction CONTRACT, in the Amount of $1,584,000.00, for the Base Bid of $1,440,000.00 plus 10% for Contingency, for the RIVERFRONT VILLAGE DEMOLITION PROJECT. (Council District 1)
• Indexes: Goal 2 - Safe Peoria, Goal 3 - Beautiful Peoria, Goal 4 - Grow Peoria, Invest in our infrastructure and transportation, Keep taxes and fees competitive, Reinvest in neighborhoods

Date	Ver.	Action By	Action	Result
3/13/2018	1	City Council	adopted	Pass
3/13/2018	1	City Council	approved as amended	Pass
2/27/2018	1	City Council	deferred	Pass

ACTION REQUESTED:
Title
Communication from the City Manager and Director of Public Works with a Request for the Following:

A. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2018-2019 BIENNIAL BUDGET Relating to the Capital Fund to Recognize the Receipt of a Private Donation through the DOWNTOWN DEVELOPMENT CORPORATION and Corresponding Expenditures for the RIVERFRONT VILLAGE DEMOLITION PROJECT, in the Amount of $1,584,000.00.

B. ACCEPT the LOW BID from N.E.FINCH CO. and Award a Construction CONTRACT, in the Amount of $1,584,000.00, for the Base Bid of $1,440,000.00 plus 10% for Contingency, for the RIVERFRONT VILLAGE DEMOLITION PROJECT.
(Council District 1)

Body
BACKGROUND: On July 11, 2016, the Downtown Development Corporation DDC announced their plans to acquire full property rights to Riverfront Village from Riverfront Village Developers LLC in order to convert this key piece of land into part of a new linear park along the Illinois River. The DDC transferred the acquired development rights and physical property to the City of Peoria following approval of the Riverfront Cooperation Agreement by City Council on August 23, 2016. The City also began a public outreach campaign to discuss plans for an active park from the Bob Michel Bridge to the Riverplex. The public outreach also included discussion on what should go on the Riverfront Village site.

This contract is for demolition of the structure, grading and seeding of the area, storm sewer work, and electrical work. This project also includes construction of additional parking at the Martini's lot, Liberty Street and at the clock tower to address concerns from the public about parking. This contract does not include construction of the active park. The construction of the active park will come at a later date.

Through multiple public meetings and input, two alternatives were developed and put out to bid (see attachments). Staff's recommendation is to construct alternative one.

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