Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. One (1) to the Contract with Lagco, Inc., for the construction of the Meadows/Northland/Arlington Public Improvements Project, Phase 5E & 5F, increasing the contract price by the sum of $782,249.50 from $552,333.00 to $1,334,582.50. [Div. of Engineering, Burton]
Summary
Authorization to execute Change Order No. 1 with Lagco, Inc., in the amount of $782,249.50 for construction of Meadows/Northland/Arlington Public Improvements Project, Phase 5E &F. New Contract amount is $1,334,582.50. Funds are Budgeted. (L0661-17) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: Yes
Account Number: 3120-303202-3211-91713 $535,498.50
4003-303202-3223-91715 $246,754
This Fiscal Year Impact: $782,249.50
Annual Impact:
Project: CDBG_2016, CDBG_2017; NEIGHSEW_2006; NEIGHSEW_2011
Activity: C03; CONSTRUCT
Budget Reference: 2016, 2017, 2006, 2011
Current Balance: 3120-303202-3211-91713 2016 & 2017 = $660,687.19
4003-303202-3223-91715 2006 &2011 = $347,765.15
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. One (1), which is attached hereto and incorporated herein by reference, to the Contract with Lagco, Inc., for the construction of the Meadows/Northland/Arlington Public Improvements Project, Phase 5E & 5F, increasing the Contract price by the sum of $782,249.50 from $552,333.00 to $1,334,582.50.
Section 2 - That an amount, not to exceed the sum of $782,249.50, be and hereby is approved for payment to Lagco, Inc., from account # 3120-303202-91713 ($535,498.50) and account #3120-303202-91715 ($246,751.00) pursuant to the terms of the Change Order.
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