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HomeMy WebLinkAbout4F - Ponds Field Lighting DATE: AGENDA #: PREPARED BY: SUBJECT: DISCUSSION: FINANCIAL IMPACTS: ALTERNATIVES: RECOMMENDED MOTION: REVIEWED BY: CITY COUNCIL AGENDA REPORT AUGUST 19, 2002 4F AL FRIEDGES, PARKS & FLEET MAINTENANCE SERVICES CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO KLEIN ELECTRIC, INC. FOR THE INSTALLATION OF ATHLETIC FIELD LIGHTING AT THE PONDS ATHLETIC COMPLEX HISTORY On April 1, 2002, the City entered into a contract with Klein Electric, Inc, for the installation of athletic field lighting at the Ponds Athletic Complex. All the work under the contract has been completed and this agenda item requests full and final payment. CURRENT CIRCUMSTANCES The final payment amount is $83,850.00 for a total contract amount of $297,000.00, This is $3,000.00 over the original contract amount, of $294,000.00 or a variance of 1,0% from the base bid. The $3,000,00 change order was a result of additional wire and outlets installed on the batting cages on Fields #2 and #7 for the operation of pitching machines. The final contract amount is based upon actual rather than projected contract quantities, The final payment amount is $83,850.00, The funds will be drawn from the Capital Park Fund portion of the Capital Improvement Program, The Council will recall that a part of this project is to be supported by PLAY in the form of a $75,000.00 contribution. There are three alternatives for the City Council to consider: 1, Approve a resolution authorizing full and final payment to Klein Electric, Inc. 2. Table this agenda item for a specific reason. 3. Deny this agenda item for a specific reason and provide Staff with direction. Alternative 1. 162M~~~w~~y@~~ Prior Lake, Minnesota 553172-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER /50 RESOLUTION 02;# RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO KLEIN ELECTRIC, INC. FOR THE INSTALLATION OF ATHLETIC FIELD LIGHTS AND THE PONDS ATHLETIC COMPLEX MOTION BY: \\P SECOND BY: 0t WHEREAS, On February 25, 2002, bids were opened for the installation of athletic field lights at the Ponds Athletic Facility, and WHEREAS, Klein Electric, Inc. was awarded the contract for the installation of athletic field lights at the Ponds Athletic Facility, and WHEREAS, Klein Electric, Inc. has, in all respects, completed the contract for the installation of lights, and WHEREAS, the original contract for the installation of lights was $294,000.00, and WHEREAS, additional work was required for an increase of $3,000.00, and WHEREAS, the final contract amount is $297,000.00, and WHEREAS, PLAY provided funding assistance to this project in the form of a $75,000.00 donation. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA, THAT: 1. The recitals set forth above are incorporated herein. 2. Final payment is hereby authorized to be made to Klein Electric, Inc. in the amount of $83,850,00 for the contract to install athletic field lighting from the Parks portion of the Capital Improvement Program. 3. The final payment shall be drawn from the Capital Park Fund, Passed and adopte~/this 19th day of August, 2002. Frank Boyles, City Manager R:\athletic field light pay.DOC 2