Loading...
HomeMy WebLinkAbout(0071) M&C 21-0254City of Fort Worth, Mayor and Texas Council Communication DATE: 04/06/21 M&C FILE NUMBER: M&C 21-0254 LOG NAME: 60001-SOUTHGATE MARKETPLACE SUBJECT (CD 6) Authorize Execution of Change Order Number 1 to City Secretary Contract Number 53495, a Community Facilities Agreement with Ware Vista Southgate #1, L.P., Increasing City Participation by $132,149.50 for the Southgate Marketplace Place Project RECOMMENDATION: It is recommended that the City Council authorize the execution of Change Order Number 1 to City Secretary Contract Number 53495, a Community Facilities Agreement with Ware Vista Southgate #1, L.P., increasing City participation by $132,149.50 for the Southgate Marketplace project (City Project No. 101541). DISCUSSION: On December 30, 2019, Mayor and Council Communication (M&C 19-0359) authorized the execution of a Community Facilities Agreement with Ware Vista Southgate #1, L.P., with City participation in the amount of $3,155,122.00 which included a contingency of $611,457.75 for construction of 12-inch to 24-inch water mains to serve the Southgate Marketplace development and anticipated future growth in south Fort Worth. The contingency funds will be used therefore no additional funds are being appropriated by this M & C. Change Order Number 1 is necessary to reconcile actual quantities installed in the field in accordance with modifications directed by the City during construction. Change Order Number 1 increases the City's participation by $132,149.50 and the developer's participation by $232,822.00. Funding for the Southgate Marketplace project is as depicted in the table below: A.Construction Developer Cost (12" & 16" Water Main) City Cost (12" -24" Water Main) Total Cost 1. Water $1,823,616.001 $2,577,980.50 $4,401,596.50 B.Inspection Fees (2%) $36,472.32 $51,559.61 $88,031.93 C. Material $36,472.32 $51,559.61 $88,031.93 Testing (2%) Total Project Cost $1,896,560.64 $2,681,099.72 $4,577,660.36 *Numbers rounded for presentation purposes. The project is located in COUNCIL DISTRICTS 6. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are available in the current capital budget, as previously appropriated, in the Water & Sewer Bond 2017A Fund for the CFA-Southgate Development project to support the approval of the above recommendation and execution of the change order. Prior to any expenditure being incurred, the Water Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office bT. Dana Burghdoff 8018 Originating Business Unit Head: Chris Harder 5020 Additional Information Contact: Vishal Sood 8055 Expedited