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HomeMy WebLinkAbout99-232 Resolution No. 99-232 RESOLUTION AUTHORIZING FINAL PAYMENT AND ACCEPTANCE OF ELGIN OAKS/STATE STREET LIGHT CONDUIT REPLACEMENT PROJECT BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the City of Elgin hereby authorizes final payment of $38, 665 . 59 to Utility Dynamics Corp. and accepts the Elgin Oaks/State Street Light Conduit Replacement Project . s/ Ed Schock Ed Schock, Mayor Presented: August 25, 1999 Adopted: August 25, 1999 Omnibus Vote : Yeas 6 Nays 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk r yC c, (/V ) _f`V-, ' City of Elgin Agenda Item No. August 6, 1999 TO: Mayor and Members of the City Council FROM: Joyce A. Parker, City Manager SUBJECT: Authorization for Final Payment and Acceptance Elgin Oaks/State Street Light Conduit Replacement PURPOSE The purpose of this memorandum is to provide the Mayor and members of the City Council with information to consider the final acceptance and to authorize the final payment for the Elgin Oaks/State Street Light Conduit Replacement Project . BACKGROUND The City Council awarded the contract for this project to Utility Dynamics Corp. of Oswego, Illinois on September 21, 1998 . The project originally consisted of replacement of defective underground conduit and cable within Elgin Oaks Subdivision and replacement of two street lights on State Street between Highland Avenue and Chicago Street. A change order in the amount of $34, 228 . 50 for the installation of nine street lights in Trout Park and adjustments to the Elgin Oaks phase was authorized on February 10, 1999 . All work included in this project including the change order items have been satisfactorily completed by the contractor in accordance with the specifications of the contract . COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED None . Pilli INANCIAL IMPACT The original project approved by the City Council was for $96, 981. 50 . Change Order No. 1 approved by the City Council was for $34, 228 . 50 . These items combine for a total project cost of $131, 210 . 00 . This project will be charged against Account No. 395- 1000-795 . 93-80, Project No. 399581 . Final Payment/Elgin Oaks/State Street August 6, 1999 Page 2 This project was accounted for as follows : Project 339581 - Elgin Oaks Recabling Account number 395-1000-795 . 93-80 Budget $140, 000 Miscellaneous Expenditures $ 210 Original Contract Utility Dynamics 91, 716 Change Order No. 1 Utility Dynamics 34, 229 ( 126 , 155) Difference Remaining $ 13 , 845 Project 339582 - State Street Conduit Replacement Account number 395-1000-795 . 93-80 Budget $ 40, 000 Original Contract Utility Dynamics $ 5, 265 ( 5, 265) Difference Remaining $ 34 , 735 LEGAL IMPACT None . ALTERNATIVES None . RECOMMENDATION It is recommended that the City Council accept the completed Elgin Oaks/State Street Light Conduit Replacement Project and authorize final payment of $38, 665 . 59 to Utility Dynamics Corp. Respectfully submitted, )0740- 4-iLLAd.:4515, Joyce A. Parker City Manager r