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HomeMy WebLinkAbout~Master - Transfer of funds for Cemetery Lane Improvements Project RESOLUTION NO. 17-608 RESOLUTION APPROVING TRANSFER OF FUNDS FROM UNOBLIGATED BALANCE OF G.O. BONDS PROCEEDS FOR 2016/17 CEMETERY LANE IMPROVEMENTS FOR THE CITY OF AMES WHEREAS, this program provides finding to enhance the physical appearance and services at the Municipal Cemetery, and this project replaced the existing asphalt surface along the northern loop and ancillary side lanes of the northern part of the Cemetery; and, WHEREAS, on April 25, 2017, the City Council awarded the project to Manatt's, Inc., of Brooklyn, Iowa, in the amount of$184,038.30; and, WHEREAS, after removal of the asphalt surface, the conditions of the existing asphalt base (or lack thereof in certain locations) resulted in the need for much more asphalt base repair than was originally planned; and, WHEREAS, the initial design estimated 5% of the base needed repair; actual field conditions resulted in 18%of the base needing repair; and, WHEREAS, Change Order No. 1, which is the balancing change order, is in the amount of $45,765, to cover the additional cost of the base repair; and, WHEREAS, this will bring the overall project costs to $229,803.30; and, WHEREAS, funding to cover the remaining $42,798.30 is proposed to come from the unallocated balance in unobligated General Obligation Bonds proceeds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the transfer of$42,798.30 from the unobligated General Obligation Bonds proceeds for the 2016/17 Cemetery Lane Improvements project is hereby approved. ADOPTED THIS 101h day of October, 2017. � d. A. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 10" day of October, 2017.