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07-Approving final payment and closing the contract with Richard Drake Construction Co.
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07-Approving final payment and closing the contract with Richard Drake Construction Co.
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CITY COUNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />Originating Department: <br />Presented By: <br />Agenda Item No.: <br />06-24-2011 <br />Engineering, Planning <br />Shawn Napier, P.E. Director of <br />Council Date: <br />& Development <br />Engineering, Planning & <br />7. <br />07-11-2011 <br />Develo ment <br />RECOMMENDED MOTION: <br />Deliberate and act on a resolution approving final payment and closing the contract with Richard Drake <br />Construction Co., LP for the Trail de Paris extension between SE 8th and 12th Streets; authorizing the <br />City Manager to negotiate and execute all necessary documents. <br />POLICY ISSUE(S): <br />Contract <br />BACKGROUND: <br />This section of the Trail de Paris has been completed. The majority of this section was funded through a <br />Texas Parks and Wildlife Recreations Trail Grant in the amount of $120,000.00. The grant required a <br />20% match from the city. City crews installed box culverts and filled in some low areas along this <br />section of trail. All of the work performed by the City is credited toward the 20% required match. <br />Additional funds came from Kiwanis, Keep Paris Beautiful and the Chamber of Commerce in the <br />amount of $5,000.00 each and Lamar Power Partners donated $2,500.00. A total of $17,500.00 was <br />donated for this portion of the Trail de Paris. <br />Staff recommends closing the contract and making final payment in the amount of $12,230.65 to <br />Richard Drake Construction. The contract total was $122,306.50. <br />BOARD/COMMISSION RECOMMENDATION: <br />EXHIBITS: <br />Resolution and photos <br />ACTION: <br />BUDGET INFO: <br />❑ Financial Report ❑ Minute Order <br />Expense <br />$169,073.02 (Total for two years) <br />❑ Department Report Z Resolution <br />Budgeted Amt. <br />$137,500.00 (does not include in- <br />❑ Presentation ❑ Ordinance <br />kind labor) <br />❑ Public Hearing ❑ Other <br />y'I'D Actual <br />$130,314.94 <br />Acct. Name <br />Trail de Paris SE 12t to 8t St. <br />Acct. Number <br />25-0340-43-00 <br />FISCAL NOTES: <br />REVIEWED AND APPROVED BY: <br />Z Administration Z City Clerk ❑ Community Development ❑ EMS/IT ❑ Finance ❑ Fire <br />❑ Municipal Court Z Legal ❑ Library ❑ Police Z Eng./Public Works ❑ Utilities <br />City of Paris Revised 2/04/08 <br />23 <br />
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