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AI# 10877
Regular City Council Meeting
5.8.
07/26/2022:
Information
Agenda Item
Resolution - Engineering:
Consider a resolution authorizing the Mayor to execute Amendment No. 2 to Advanced Funding Agreement Contract 15495 for the widening of 114th Street from Quaker Avenue to Indiana Avenue, with the Texas Department of Transportation.
Item Summary
On September 20, 2020, the City Council authorized an Advanced Funding Agreement (AFA) Contract No. 15496 between the City of Lubbock and the Texas Department of Transportation (TxDOT) for widening 114th Street from Quaker Avenue to Indiana Avenue.
On November 16, 2021, the City Council authorized Amendment No. 1 to the AFA, for reimbursing TxDOT for the cost of relocating an existing 16-inch water line in the amount of $126,400.
Due to an increase in material and labor prices, this Amendment No. 2 to the AFA will increase the total budget price from the initial AFA of $9,700,000 for construction to $13,300,000. The Metropolitan Planning Organization will provide 80% of the funding for this increase and the City of Lubbock's financial responsibility will be the remaining 20%. Attachment C, Project Budget, reflects the revised project budget which increased by $124,278.00 for the water main construction and $3,600,000.00 for the roadway construction.
Fiscal Impact
This contract amendment is in the amount of $844,278.00 and is funded in Capital Improvements Project 92737, 114th Street from Quaker Avenue to Indiana Avenue.
Staff/Board Recommending
Jesica McEachern, Assistant City Manager
Attachments
Resolution
AFA Amendment No.2
AFA Contract
AFA Amendment No.1
Location Exhibit
CIP Spreadsheet
CIP Detail
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