Title
Approval of a Resolution to amend and modify the Note and Loan Agreement from the Georgia Environmental Facilities Authority (GEFA) for the South Atlanta Street Waterline Project and approval of Budget Amendment 440C-11-22-10 in the amount of $109,400.
Environmental/Public Works
Body
Item Summary:
This action modifies the loan agreement only for Scope of Work, Project Budget and Project Schedule. The loan amount remains not to exceed $1,200,000. However, because the amount for the South Atlanta St. Waterline Project was well below the loan amount, three additional projects were approved. These projects include: 1) South Atlanta St. additional design engineering construction oversight - $29,900; 2) Jones Drive Waterline Project to replace 650 feet of existing 2-inch galvanized pipe with 8-inch ductile iron pipe - $49,500. Jones Dr. is a side street off of South Atlanta St.; 3) Upgrade/Improve and add water quality sampling locations along waterlines - $30,000.
Committee or Staff Recommendation:
On November 9, 2010 the Public Safety & Public Works Committee recommended placing this item on the November 22, 2010 Mayor and Council Agenda.
Financial Impact:
Upon approval of Budget Amendment 440C-11-22-10 Project #09ENV016 will increase by $29,900 in Account number 521201, Project #11ENV013 (Jones Drive Waterline Project) will be established with a budget of $49,500 in account number 541420 and Project #11ENV014 (Water Quality Sampling Improvements) will be established with a budget of $30,000 in account number 541420.
Presented by:
Stuart A. Moring, P.E., Director of Public Works/Environmental