TO: LINDA REICH, CITY MANAGER
FROM: HYE JIN LEE, PE, DIRECTOR OF PUBLIC WORKS
SUBJECT
title
Traffic Signal Installation at Eucalyptus & Fern Project (TR240).
end
RECOMMENDATION
recommendation
Award a construction contract to Elecnor Belco Electric, Inc., Chino, CA, for Project TR240 - Traffic Signal Modification at Eucalyptus/Fern in the amount of $1,146,360 and authorize $114,636 for construction project contingencies, for a total contract not to exceed $1,260,996; and authorize the City Manager to execute all necessary documents on behalf of the City.
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FISCAL IMPACT
The following appropriations and budget adjustments are required: appropriate $175,000 from the unappropriated Measure I Fund (322) reserves; appropriate $547,029.01 to the Transportation Fund (320) with a corresponding year-end transfer in the same amount from the Citywide Circulation (Bridges/Signals/Thoroughfare) System Development Impact Fee Fund (220); update Fiscal Year 2023-24 Capital Improvement Program Budget title for Project TR240 -Traffic Signal Installation (from Modification) at Eucalyptus/Fern; include the Citywide Circulation (Bridges/Signals/Thoroughfare) System Development Impact Fee Fund (220) removing The Preserve Circulation (Bridges/Signals/Thoroughfare Preserve) System Development Impact Fee Fund (260); and increase the total project budget for Project TR240 -Traffic Signal Installation at Eucalyptus/Fern to $1,272,029.01.
The appropriations and budget allocations are summarized below:
Fund
Adopted Budget
Additional Appropriation
Revised Budget
Measure I Fund (322)
$0
$175,000
$175,000
Citywide Circulation DIF (220)
$550,000
$547,029.01
$1,085,996
Total Revised Budget
$1,272,029.01
Upon the final acceptance of the project, the City will update the costs included in the Development Impact Fee Nexus and Calculation Report.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above further the C...
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