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HomeMy WebLinkAbout11092RESOLUTION NO. 11092 A RESOLUTION AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $163,625 AND SETTING FORTH $16,363 FOR CONTINGENCIES TO HI -LITE MARKINGS, INC. TO SEAL COAT RUNWAY 17/35 AT PUEBLO MEMORIAL AIRPORT UNDER STATE AVIATION SYSTEM GRANT NO. 07 -37 -16/11 AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME WHEREAS, proposals to seal coat Runway 17/35 at Pueblo Memorial Airport have been received and examined; and WHEREAS, the proposal of Hi -Lite Markings, Inc. was the lowest of those bids determined to be responsible; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 _ A contract for the Pueblo Memorial Airport 2007 Airport Runway Seal Coat be, and the same is hereby awarded to said bidder in the amount of $163,625. SECTION 2. In addition to the amount of the bid set forth, as aforementioned, an additional amount as stipulated in this section is hereby established for contingencies and additional work. Contingencies and Additional Work: $16,363 SECTION 3. Funds for said project shall be expended from Capital Project No. AP0702. SECTION 4. The Purchasing Agent is hereby authorized to execute said contact on behalf of the City of Pueblo, a Municipal Corporation, and the City Clerk shall affix the seal of the City thereto and attest the same. INTRODUCED August 27, 2007 ATTESTED BY APPROVED: ESID NTof City Council CITY CLERK Randy Thurston Councilperson a N I i Background Paper for Proposed RESOLUTION AGENDA ITEM # 'b DATE: August 27, 2007 DEPARTMENT: AVIATION -JERRY BRIENZA TITLE A RESOLUTION AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $163,625 AND SETTING FORTH $16,363 FOR CONTINGENCIES TO HI -LITE MARKINGS, INC. TO SEAL COAT RUNWAY 17/35 AT PUEBLO MEMORIAL AIRPORT UNDER STATE AVIATION SYSTEM GRANT NO. 07 -37 -16/11 AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME ISSUE Should the City Council award a construction contract to Hi -Lite Markings, Inc. to seal coat Runway 17/35 at Pueblo Memorial Airport under the State Aviation System Grant No. 07 -37- 16/11. RECOMMENDATION Approval of the Resolution. BACKGROUND On February 12, 2007, the City Council approved Resolution No. 10937 accepting State Aviation System Grant No.07 -37- 16/11. This portion of the grant project consists of applying seal coat to Runway 17/35 at the airport. The seal coat is expected to extend the pavement life by 5 years. The project was advertised for bids and Hi -Lite Markings, Inc. was the lowest bid determined to be responsible. FINANCIAL IMPACT The contract with Hi -Lite Markings, Inc. is for $163,625 with a contingency amount of $16,363 for a total of $179,988. The State grant will cover 80% ($143,990) of the project costs and the City will be responsible for the remaining 20% ($35,998). The funds have been budgeted and will be expended from Capital Project No. AP0702.