header-left
File #: 0033-23    Version: 2 Name: Request Council authorization to execute Change Order No.5, with Pace Contracting, for the Town Branch Commons Corridor Construction Project for work in Zone 1. Increasing the contract price by the sum of $160,969.18 from $22,097,518.78 to $22,258,487.96
Type: Resolution Status: Approved
File created: 1/6/2023 In control: Urban County Council
On agenda: 1/31/2023 Final action: 1/31/2023
Enactment date: 1/31/2023 Enactment #: R-033-2023
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. Five (5) to the Agreement with Pace Contracting for the Town Branch Commons Corridor Construction Project, increasing the Contract price by $160,969.18 and raising the total Contract price from $22,097,518.78 to $22,258,487.96, pending approval from the Ky. Transportation Cabinet. [Office of the Mayor, Peacher]
Attachments: 1. 23-Blue Sheet Memo PACE CO #5, 2. Pace_CO5_Town Branch Commons 1.2023 For Mayor's Signature, 3. TIGER_TBC-CO#5_KYTC form, 4. 00772731.pdf, 5. R-033-2023

Title

 

A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. Five (5) to the Agreement with Pace Contracting for the Town Branch Commons Corridor Construction Project, increasing the Contract price by $160,969.18 and raising the total Contract price from $22,097,518.78 to $22,258,487.96, pending approval from the Ky. Transportation Cabinet. [Office of the Mayor, Peacher]

 

Summary

Authorization to execute Change Order No.5, with Pace Contracting, for the Town Branch Commons Corridor Construction Project for work in Zone 1, increasing the Contract price by the sum of $160,969.18 from $22,097,518.78 to $22,258,487.96 pending KYTC approval. Funds are Budgeted. (L0033-23) (Peacher/Scott)

 

Budgetary Implication: Yes

Advance Document Review:

Law: Yes, Completed by Evan Thompson, 1/6/2023

Risk Management:  N/A

Fully Budgeted: Yes                     

Account Number:                     3160-303202-3225-90313

This Fiscal Year Impact:                     $160,969.18

Annual Impact:                      $0

Project: TOWN_COM_2016

Activity: CONSTRUCT

Budget Reference: 2016

Current Balance: $194,595.81

Body

BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:

                     Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute Change Order No.
Five (5), which is attached hereto and incorporated herein by reference, to the Agreement with Pace Contracting, for the Town Branch Commons Corridor Construction Project, increasing the Contract price by $160,969.18 and raising the total Contract price from $22,097,518.78 to $22,258,487.96, pending approval from the Kentucky Transportation Cabinet.

                     Section 2 - That an amount, not to exceed the sum of $160,969.18, is hereby authorized for payment to Pace Contracting, from account # 3160-303202-3225-90313, pursuant to the terms of Change Order Five (5).

                     Section 3 - That this Resolution shall become effective on the date of its passage.

                     PASSED URBAN COUNTY COUNCIL:

 

                                                                                                                                                   ______________________________

                                                                                                                                                   MAYOR

 

 

ATTEST:

 

________________________________

CLERK OF URBAN COUNTY COUNCIL

0033-23:EPT:X:\CASES\COMDEV\23-LE0001\LEG\00772731.DOCX