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HomeMy WebLinkAbout~Master - Final payment for CyRide Facility Flood Construction RESOLUTION NO. 11-167 RESOLUTION APPROVING CHANGE ORDER AND FINAL RETAINAGE PAYMENT FOR CYRIDE FACILITY FLOOD CONSTRUCTION FOR THE CITY OF AMES,IOWA WHEREAS, in August 2010, CyRide's facility received approximately 12 inches of water from the flooding of Squaw Creek, and since that time, staff has worked to recover from the aftermath of the flood; and, WHEREAS, the facility and equipment clean-up and repairs have now been completed for a total loss claim of$819,507.35; and, WHEREAS, as part of the recovery effort,the Council approved an emergency construction contract to reconstruct the facility to its previous state; and, WHEREAS,HPC Construction,the original contractor,was hired to complete the work as part of the flood claim, and the total cost of this contract was approved at$423,102; and, WHEREAS, however, the final, actual cost under this contract is $332,887, a savings of $90,215; and, WHEREAS,the building repairs were completed in late November and all punch list items have been completed, and the final pay application requesting retainage of$16,644.35 has been received; and, WHEREAS, the Ames Transit Agency Board of Trustees approved release of the retainage and a change order reducing the total contract amount to $332,887, at its March 29,2011,meeting. NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames, Iowa, that final payment in the amount of$16,644.35 for retainage to HPC Construction for reconstruction of CyRide's office facility and the deduct contract change order in the amount of$90,215 are hereby approved. ADOPTED THIS 12th day of April, 2011. C:J ` Diane R. Voss, City Clerk Ann H. Campbell,May r Introduced by: Mahayni Seconded by: Goodman Voting aye: Davis, Goodman, Mahayni, Larson, Orazem, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 12th day of April, 2011.