HomeMy WebLinkAboutItem 08 - Stone Myers/Prospect ParkwayMEMO
TO:
FROM
MEETING DATE:
SUBJECT:
RECOMMENDATION:
HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
ROGER NELSON, CITY MANAGER
FEBRUARY 6, 2001
AWARD OF CONSTRUCTION CONTRACT STONE MYERS
PARKWAY AND PROSPECT PARKWAY
City Council consider awarding a construction contract for Stone Myers Parkway and
Prospect Parkway to JRJ Paving, Inc. in the amount of $506,512.20, authorize staff to
execute said contract, and take any necessary action.
FUNDING SOURCE:
Funds are available in the following accounts:
Funding Source
Account Amount
Award
Percent
OOA Ec Development Bonds
178-78103-012 $185,721.14
$167,149.03
33%
Developer Participation
$371,442.28
$339.363.17
67%
TOTAL
$557,163.42
$506,512.20
100%
Budget
Amount
Award
Percent
Construction
$506,512.20
$506,512.20
90%
Contingency
$50.651.22
$506.512.20
100/
TOTAL
$557,163.42
100%
BACKGROUND INFORMATION:
Three private developers own undeveloped property which borders the planned extension
of Stone Myers Parkway and/or Prospect Parkway as reflected in the City's Thoroughfare
Plan. They are preparing to develop their tracts in accordance with their approved
development plans.
According to City Ordinance, the City is responsible for one-third of the cost of constructing
a thoroughfare / roadway. Subsequently, the balance of the roadway costs are borne by
the developer of the proposed development.
February 1, 2001 (12:46PM)
A Developer's Contract stipulating the funding responsibilities between the three
developers and the City is on the agenda for the February 6, 2001 Council Meeting.
This project was publicly bid by the City. Seven bids were received as follows:
Ed A. Wilson. Inc.
$ 602,366.95
Kelly Construction Company
$ 615,616.80
APAC Texas, Inc.
$ 523,156.50
J. L. Bertram Construction
$ 518,881.30
JRJ Paving, Inc.
$ 506,512.20
Wright Construction Company
$ 533,953.00
Richard Carr Construction Company
$ 615,540.23
JRJ Paving is the lowest bid meeting specifications. Staff recommends approval.
JLH/JSL/dsm
oAagenda\02-06-01 \Stone_Myers_Award.doc
January 31, 2001 (8:18AM)