Title
A Resolution Accepting the Amended Agreement for the Foley Beach Express and County Road 12 Offsetting Left Turn Lane Highway Safety Improvement Project (HSIP)
Summary
City of Foley Engineering Department requested permission from Council to enter into an agreement with the State of Alabama for the construction of the offsetting left turn lanes on Foley Beach Express and County Road 12 on RES 18-1313. City of Foley Engineering Department requests approval of the amended agreement for this Project No. HSIP-0219. Due to the increased construction costs, the total project construction portion is now estimated at $423,124, which is an increase of $123,164 with $51,529 being covered by Federal HSIP funds and $71,635 coming from City matching funds The cost of the construction project CPMS Ref #100068989 will be limited to $321,492.60 HSIP funds and any overrun in costs will be borne by the City.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account # _____________in the amount of $_______ (expense budgeted, need to budget revenue only)
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
__X__ Yes, request an increase to the following accounts: 400-3020-5139 (HSIP-Traffic Safety Impv - CR12 & FBE) in the amount of $...
Click here for full text