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HomeMy WebLinkAbout16403Docusign Envelope ID: 8B088590-99EB-8A00-814C-3463D7036356 RESOLUTION NO. 16403 A RESOLUTION ESTABLISHING PROJECT ACCOUNT SR2601 - ASPHALT IMP - COURT STREET, TRANSFERRING FUNDS IN THE AMOUNT OF $741,591.12 FROM SR2101 STREET REHAB 6 STREETS TO SR2601, ASPHALT IMP - COURT STREET, TRANSFERRING FUNDS IN THE AMOUNT OF $70,915.17 FROM SR2201 PRAIRIE AVE TO SR2601 ASPHALT IMP - COURT STREET, AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $717,000 TO CARAVEO CONSTRUCTION, INC., FOR PROJECT NO. 26-046, ASPHALT IMPROVEMENTS - COURT STREET (CITY CENTER DRIVE TO WEST 24TH STREET), SETTING FORTH $90,000 FOR CONTINGENCIES, AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME WHEREAS, competitive bids for Project No. 26-046, Asphalt Improvements - Court Street (City Center Drive to West 24th Street) have been received and examined; and, WHEREAS, the proposal of Caraveo Construction, Inc., was the lowest of those bids determined to be responsive, and the Committee of Awards recommends to the City Council that it authorize Project No. 26-046, Asphalt Improvements - Court Street (City Center Drive to West 24th Street) to be performed; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. Project Account SR2601, Asphalt Imp - Court Street is hereby established. SECTION 2. Funding in the amount of $741,591.12 shall be transferred from Project Account SR2101 Street Rehab 6 Streets to Project Account SR2601, Asphalt Imp - Court Street. SECTION 3. Funding in the amount of $70,915.17 shall be transferred from Project Account SR2201 Prairie Ave to Project Account SR2601, Asphalt Imp - Court Street. SECTION 4. The City Council authorizes Project No. 26-046, Asphalt Improvements - Court Street (City Center Drive to West 24th Street), to be performed, and the contract for said project is hereby awarded to Caraveo Construction, Inc., in the amount of $717,000.00. SECTION 5. The Purchasing Agent is hereby authorized to execute said contract on behalf of the City of Pueblo, a Colorado Municipal Corporation, and the City Clerk shall affix the seal of the City thereto and attest same. Docusign Envelope ID: 8B088590-99EB-8A00-814C-3463D7036356 SECTION 6. 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......... $90,000.00 SECTION 7 Funds for Project No. 26-046 (including contingencies and additional work) shall be from Project Account SR2601, Asphalt Imp - Court Street. SECTION 8. The officers of the City of Pueblo are authorized to perform any and all acts consistent with this Resolution to implement the policies and procedures described herein. SECTION 9. This Resolution shall become effective immediately upon passage and approval. INTRODUCED: August 10, 2026 DocuSigned by: ATTESTED BY: Cl BY: Ted Hernandez MEMBER OF SQ 4NCIL APPROVED: .1W((___________ 1E�?r_xB46g... PRESIDENT OF CITY COUNCIL Docusign Envelope ID: 8B088590-99EB-8A00-814C-3463D7036356 City Clerk's Office Item # 05 COUNCIL MEETING DATE: August 10, 2026 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Clyde Bishop, City Clerk FROM: Andrew Hayes, Public Works Director SUBJECT: A RESOLUTION ESTABLISHING PROJECT ACCOUNT SR2601 - ASPHALT IMP - COURT STREET, TRANSFERRING FUNDS IN THE AMOUNT OF $741,591.12 FROM SR2101 STREET REHAB 6 STREETS TO SR2601, ASPHALT IMP - COURT STREET, TRANSFERRING FUNDS IN THE AMOUNT OF $70,915.17 FROM SR2201 PRAIRIE AVE TO SR2601 ASPHALT IMP - COURT STREET, AWARDING A CONSTRUCTION CONTRACT IN THE AMOUNT OF $717,000 TO CARAVEO CONSTRUCTION, INC., FOR PROJECT NO. 26-046, ASPHALT IMPROVEMENTS - COURT STREET (CITY CENTER DRIVE TO WEST 24TH STREET), SETTING FORTH $90,000 FOR CONTINGENCIES, AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME SUMMARY: Attached is a Resolution establishing Project Account SR2601 - Asphalt Imp - Court Street, transferring $741,591.12 from SR2101 to SR2601, transferring $70,915.17 from SR2201 to SR2601, awarding a construction contract to Caraveo Construction, Inc., for Project No. 26-046, Asphalt Improvements - Court Street PREVIOUS COUNCIL ACTION: None. BACKGROUND: This project wil consist of asphalt mill, overlay, and striping work on Court Street from City Center Drive to W. 24th Street. This Resolution awards the construction contract to Caraveo Construction, Inc. FINANCIAL IMPLICATIONS: Funding in the amount of $741,591.12 shall be transferred from SR2101 Street Rehab 6 Streets to SR2601 Asphalt Imp - Court Street. Docusign Envelope ID: 8B088590-99EB-8A00-814C-3463D7036356 Funding in the amount of $70,915.17 shall be transferred from SR2201 Prairie Ave to SR2601 Asphalt Imp - Court Street. Funding (including contingencies) in the amount of $807,000 will be paid from Project Account SR2601, Asphalt Imp - Court Street. BOARD/COMMISSION RECOMMENDATION: None. STAKEHOLDER PROCESS: None. ALTERNATIVES: Denial of this resolution will cancel this project. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: 1. 26-046 Bid Summary