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HomeMy WebLinkAbout11444RESOLUTION NO. 11444 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT OF $444,038 FROM THE 1992 -2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUND TO CAPITAL PROJECTS AND AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $676,398 TO RAILROAD SPECIALTIES, INC., AND SETTING FORTH $67,640 FOR CONTINGENCIES AND ADDITIONAL WORK, FOR PROJECT NO 08 -072 (ED0607) FY 2008 PMAIP RAILROAD SPUR RECONSTRUCTION PROJECT AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE THE SAME WHEREAS, proposals for PROJECT NO. 08 -072 (ED0607) FY 2008 PMAIP RAILROAD SPUR RECONSTRUCTION PROJECT have been received and examined, and; WHEREAS, the proposal of RAILROAD SPECIALTIES, INC., of Littleton, Colorado was the lowest of those bids determined to be responsible; BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. A contract for PROJECT NO. 08 -072 (ED0607) FY 2008 PMAIP RAILROAD SPUR RECONSTRUCTION PROJECT be, and the same is hereby awarded to said bidder in the amount of $676,398. SECTION 2. The Purchasing Agent is hereby authorized to execute said contract on behalf of Pueblo, A Municipal Corporation, and the City Clerk shall affix the seal of the City thereto and attest the same. SECTION 3_ In addition to the amount of the bid set forth, as aforementioned, an additional amount as stipulated in this section is hereby established for contingencies and additional work. Contingencies and Additional Work .....$ 67,640 SECTION 4_ Funds for said project shall be from Project Code ED0607. SECTION 5. Funds in the amount of $444,038 are hereby transferred from the 1992 -2011 Sales and Use Tax Capital Improvement Projects Fund ( "Funds ") to Capital Project No. 08 -072 (ED0607) ( "Project "). City Council hereby finds and determines that the use of the Funds for the Project is in the furtherence of job creating capital improvement projects and within the intent and purpose of Ordinance No. 6381. BY Judy Weaver Councilperson PRt i I I T'�l rtw d]UH� A :s r) a { CLE INTRODUCED October 14. 2008 Background Paper for Proposed RESOLUTION DATE: OCTOBER 14, 2008 DEPARTMENT: PUBLIC WORKS DIRECTOR- DANIEL E. CENTA, P.E. TITLE AGENDA ITEM # 36 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT OF $444,038 FROM THE 1992 -2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUND TO CAPITAL PROJECTS AND AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $676,398 TO RAILROAD SPECIALTIES, INC., AND SETTING FORTH $67,640 FOR CONTINGENCIES AND ADDITIONAL WORK, FOR PROJECT NO. 08 -072 (ED0607) FY 2008 PMAIP RAILROAD SPUR RECONSTRUCTION PROJECT AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE THE SAME ISSUE Should City Council transfer additional funds in the amount of $444,038 and award a construction contract for FY 2008 PMAIP RAILROAD SPUR RECONSTRUCTION PROJECT to RAILROAD SPECIALTIES, INC., for $676,398. RECOMMENDATION Approval of this Resolution BACKGROUND Several industries at the eastern portion of the Pueblo Memorial Airport Industrial Park ( PMAIP) utilize the railroad spur for receiving materials and shipping finished product. The spur was constructed in 1942 for the Army Air Base but is inadequate to support the heavy loads of modern locomotives and fully loaded rolling stock. This project will bring a large portion of the railroad spur up to current industrial spur track standards. Attached is a bid summary showing the results of competitive bids on this project. FINANCIAL IMPACT Funds for this project will be paid from Project Code ED0607.