Title:
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Approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR 23-061) in the 2014 Infrastructure Sales Tax Fund to appropriate budget in the amount of $392,372 from reserves for additional funding for the Miller Road Culvert/Drainage Project. Countywide (Timothy Jecks, Budget Director) Requesting Department - Public Works
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Division:
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Resource Management - Budget
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Authorized By:
Lorie Bailey Brown, CFO/Resource Management Director
Contact/Phone Number:
Sara Carrick - Financial Administrator - 407-665-7180
Background:
The Miller Rd Culvert/Drainage Improvement Project (CIPs #02007101/CIP#02007153) includes the design and construction of a bridge replacement for Six Mile Creek at Miller Rd. The project will also include the installation of a new concrete box culvert, piping, grading and upgrades to current roadside drainage and stormwater structures. The project will extend 1,330 ft west of Miller Rd from the intersection of Miller Rd and Sanford Ave. The design portion of this project was funded through a match with HMPG grant funds and sales tax fund. Grant funds were not allocated for construction.
The lowest bid for construction including contingency is $1,195,248. Currently, the project has $771,492 in available construction funds leaving the budget short in the amount of $423,756. The attached BAR will transfer available funds from CEI Services in the amount of $31,385 to help fund this shortfall and will take the remaining amount of $392,372 needed from sales tax reserves, Current reserves are budgeted at $14M.
recommendation
Staff Recommendation:
Staff recommends that the Board approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR 23-061) in the 2014 Infrastructure Sales Tax Fund to appropriate budget in the amount of $392,372 from reserves for additional funding for the Miller Road Culvert/Drainage Project.