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HomeMy WebLinkAboutRES 08 262 RESOLUTION NO. 08-262 WHEREAS, on August 6, 2006, the City Council of the City of Beaumont, Texas, passed Resolution No. 06-022 awarding a contract in the amount of $5,273,431.95 to Allco, LTD, for a contract for the Phelan Boulevard Extension Project; and, WHEREAS, Change Order No. 1 in the amount of $807,233.12 was required because the low bid exceeded the estimated construction cost, thereby decreasing the amount to $4,466.198.83; and, WHEREAS, Change Order Nos. 2 and 3 in the of amounts of $2,308 and $4,647 respectively were required to compensate the contractor for additional work requested by the City of Beaumont, thereby increasing the contract to $4,473,153.83; and, WHEREAS, Change Order No. 4 in the amount of$162,040.16 is required due to an increase in construction item quantities, thereby increasing the contract amount to $4,635,193.99; and WHEREAS, the Project has been inspected and completed in accordance with the terms and conditions of the contract and should be accepted. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager is hereby authorized to execute Change Order No. 4 in the amount $162,040.16 thereby increasing the contract to $4,635,193.99. BE IT FURTHER RESOLVED THAT the Phelan Boulevard Extension Project be and the same is hereby accepted. BE IT ALSO RESOLVED that the City Manager is hereby authorized to make final payment in the amount of$231,759.70 to Allco. LTD. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 7th day of October, 2008. Mp��11 1 - Uyor Becky Ames - e e 11 i ®1ww��