Title
Approval of a Supplemental Agreement with the Georgia Department of Transportation (GDOT) for the Midtown Streetscape project and approval of Budget Amendment BAG803-01-09-12 to increase the grant account to accept these funds.
Transportation
Body
Item Summary:
The City of Roswell previously approved and constructed four additional raised concrete median islands along the corridor of the Midtown Streetscape project. The total construction cost for the four medians was $31,227.62. By entering into this Supplemental Agreement, GDOT agrees to reimburse the City 80% and the City will cover 20% of the $31,227.62. The total additional cost to the City is $6,245.52.
The original contract agreement was for $2,025,629.79, to be split with GDOT's share at $1,620,503.83 and the City's share $405,125.96. Upon approval of the Supplemental Agreement, the new total contract amount is $2,056,857.41, with GDOT's share at $1,645,485.93 and the City's share $411,371.48.
Committee or Staff Recommendation:
On December 28, 2011 the Community Development and Transportation Committee recommended placing this Item on the January 9, 2012 Mayor and Council Agenda.
Financial Impact:
Upon approval of Budget Amendment BAG803-01-09-12, the grant account will be increased by $24,982.10 to a total of $1,645,485.93 to cover the revised 80% of the construction costs to be covered by GDOT. The revised total agreement amount is $2,056,857.41.
Presented by:
Steven D. Acenbrak, PE, LEED AP, Director of Transportation