HomeMy WebLinkAbout08200Substituted Copy – May 24, 2010
ORDINANCE NO. 8200
AN ORDINANCE BUDGETING AND APPROPRIATING
INSURANCE PROCEEDS IN THE AMOUNT OF $262,865
FOR HAIL DAMAGE REPAIRS AND TRANSFERRING
SAID FUNDS TO PROJECT PL0806, RELATING TO THE
CITY AND MEMORIAL HALLS ROOF PROJECT
WHEREAS, the City has received proceeds from the insurance company for the
costs to repair such damages;
WHEREAS, funds are necessary to award a contract for 10-043, Pueblo City and
Memorial Halls Roof and Upper Wall Exterior Restoration Project;
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1:
Funds in the amount of $262,865 are hereby budgeted and appropriated from
Insurance Proceeds. Said funds are hereby authorized to be transferred to Project
PL0806.
INTRODUCED: May 10, 2010
BY: Chris Kaufman /COUNCILPERSON
PASSED AND APPROVED: May 24, 2010
Substituted Copy – May 24, 2010
Background Paper for Proposed
ORDINANCE
DATE: MAY 10, 2010AGENDA ITEM # R-2
DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT
JERRY M. PACHECO, DIRECTOR
TITLE
AN ORDINANCE BUDGETING AND APPROPRIATING INSURANCE PROCEEDS IN
THE AMOUNT OF $262,865 FOR HAIL DAMAGE REPAIRS AND TRANSFERRING
SAID FUNDS TO PROJECT PL0806, RELATING TO THE CITY AND MEMORIAL
HALLS ROOF PROJECT
ISSUE
Should the City Council budget, appropriate and transfer funds from the Insurance
Proceeds to Project PL0806, relating to the City Hall Roof Project?
RECOMMENDATION
Approval of the Ordinance.
BACKGROUND
On March 21, 2010, bids were opened for the City and Memorial Halls Roof
Replacement Project. Additional funds in the amount of $262,865 are required to
supplement the shortfall of the bid results from the budget amount.
The project Scope of Work consists of replacement of the asphalt roll roofing with the
original barrel clay tile, replacement of the integral gutter system, restoration of the
cupola tower and replacement of the skylights. The total project bid costs are
$1,012,448. Additional funds in the amount of $161,620 are necessary to meet the bid
costs with an additional $101,245 for project contingency. A total of $262,865 is needed
to award the contract.
FINANCIAL IMPACT
Funds in the amount of $262,865 shall be budgeted and appropriated from Insurance
Proceeds. $262,865 shall be transferred to Project No. PL0806.