Agenda - Council - 09/13/2016 - Laserfiche WebLink

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River Trail than was anticipated at the start of the project following the grant award. Funding Source: Construction costs for the Final Phase of the Mississippi River Trail will be $627,986. This equates to $502,389 in Federal grant monies (80%) and $125,597 the city (20%). Consulting engineering costs are estimated at $133,051 and are not grant eligible. All costs associated with the MRT would be from the Park Trust Fund, which will have a balance in excess of $1.8M after all 2016 Capital Improvement programmed expenditures. Recommendation: Staff recommends approving Resolution #16-09-156 awarding the contract to Park Construction in the amount of $627,986; and extending the agreement with Bolton & Menk for the Mississippi River Trail project for the scope of work described as Construction, Staking, Admin, and Observation in a not -to -exceed amount of $133,051—both funded from the Park Trust Fund. Additionally, staff recommends a contingency amount of approximately 10% of the construction cost, or $62,000 to account for unknown field conditions that may be encountered (E.g. buried materials, rocks etc.). This contingency approach is believed to be more efficient that returning for special authorization via change orders, when minor obstacles are discovered. If any contingency monies are needed, it is likely they would be 80% reimbursable from the Federal grant. Action: Motion to approve Resolution #16-09-156 awarding the contract to Park Construction in the amount of $627,986 for construction of the Mississippi River Trail; and, authorizing up to $133,051 for engineering services, as well as up to $62,000 in contingencies, from the Park Trust Fund Location map Engineer's Estimate Plans and Specs Resolution #16-09-156 Attachments Form Review Inbox Reviewed By Date Grant Riemer Grant Riemer 09/08/2016 10:05 AM Kurt Ulrich Kurt Ulrich 09/08/2016 02:26 PM Form Started By: Mark Riverblood Started On: 09/06/2016 03:30 PM Final Approval Date: 09/08/2016