HomeMy WebLinkAboutRES 2003-004 RESOLUTION NO. 2003-04
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS AUTHORIZING FUNDING PARTICIPATION
WITH TARRANT COUNTY COMMUNITY DEVELOPMENT AND
HOUSING FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT
PROJECT FOR RECONSTRUCTING SMITH STREET WITHIN
THE CITY OF GRAPEVINE; AND PROVIDING AN
EFFECTIVE DATE
WHEREAS, in the City Council Meeting of July 16, 2002, the City Council of the
City of Grapevine approved the 27th Year CDBG Project comprised of the reconstruction
of Smith Street between Texas Street and College Street; and
WHEREAS, the budget for the project approved on July 16, 2002 reflects CDBG
Construction Funds in an amount of $228,493.20 and City of Grapevine Funds in an
amount of$21,325.00; and
WHEREAS, the construction contract for this project totals $237,364.64; and
WHEREAS, the City Council adopted a resolution on October 1, 2002 approving
funds in the amount of $21,325.00 for the project costs to supplement the CDBG funds
available for the project consistent with the project budget approved on July 16, 2002;
and
WHEREAS, Change Order # 1, in the amount of $23,345.00, between Tarrant
County and the contractor, increases the total construction contract to $260,709.64; and
WHEREAS, the current budget contingency for the project totals $ 8,116.56; and
WHEREAS, the shortfall in City of Grapevine funding to provide adequate funds
for the change order and maintain a budget contingency of $ 4,771.56 is $ 20,000.00;
and
WHEREAS, the City funds will be utilized for project costs in excess of the CDBG
funds available for the project.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GRAPEVINE, TEXAS:
Section 1. That all matters stated in the preamble of this resolution are true
and correct and are incorporated herein as if copied in their entirety.
Section 2. That the City Council of the City of Grapevine approves additional
City funding participation for the Smith Street CDBG reconstruction project in the
amount of$20,000.00.
Section 3. That the City Council of the City of Grapevine approves Change
Order# 1 to the Smith Street project.
Section 4. That this resolution shall become effective from and after the date
of its passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 18th day of February, 2003.
APPROVED:
William D. Tate
Mayor
ATTEST:
Lin a Huff
City Secretary
APPROVED AS TO FORM:
John F. Boyle, Jr. 9
City Attorney
RES. NO. 2003-04 2