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HomeMy WebLinkAboutResolution 2023-01RESOLUTION NO. 2023-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE FRIENDSWOOD DOWNTOWN ECONOMIC DEVELOPMENT CORPORATION AUTHORIZING CHANGE ORDER NO. 1 WITH PFEIFFER & SON, LTD., FOR THE FM 518 ILLUMINATION PROJECT IN THE FIVE HUNDRED AND NO/lOO DOLLARS ($21,500.00); ESTABLISHING AN OWNER'S CONTINGENCY SUBJECT TO THE TERMS HEREOF IN THE AMOUNT OF TWO HUNDRED THIRTEEN THOUSAND FIVE HUNDRED FORTY-SEVEN AND NO/lOO DOLLARS ($213,547.00); AND PROVIDING FOR AN EFFECTIVE DATE. :OUNT OF TWENTY-ONE THOUSAND WHEREAS, on July 12,2022, the Board of Directors (the "Board") of the Friendswood Downtown Economic Development Corporation ("FDEDC") authorized a contract with Pfeiffer & Son, Ltd., (the "Contractor") for the FM 518 Illumination Project (the "Project") in the amount of TWO MILLION THREE HUNDRED FIFTY THOUSAND FOUR HUNDRED SEVENTY-FOUR AND NO/lOO DOLLARS ($2,350,474.00); and WHEREAS, the Project entails pedestrian and roadway illumination for the length of FM 518 between FM 2351 and Castlewood Dr., omitting the area in front of Friends Church (Spreading Oaks to Stonesthrow Ave.), and is part of the Downtown Im jrovements Plan, which was properly adopted by the Board of the FDEDC and approved by the City Council; and WHEREAS, the Contractor has requested a change to the original contract for relocations of Services 1 through 8 in the amount of TWENTY-ONE THOUSAND FIVE HUNDRED AND NO/lOO DOLLARS ($21,500.00), as further described in Change Order No. 1; and WHEREAS, the Board of the FDEDC hereby finds it is necessary and appropriate to approve the aforementioned changes as described in Change Order No. 1; and WHEREAS, the Board of the FDEDC also find it necessary and appropriate to authorize an owner's contingency in the amount of TWO HUNDRED T^TEEN THOUSAND FIVE HUNDRED FORTY- SEVEN AND NO/lOO DOLLARS ($213,547.00), a id which may be expended and allocated for changes in the scope of the work as deemed appropriate by the City Manager of the City of Friendswood; NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE FRIENDSWOOD DOWNTOWN ECONOMIC DEVELOPMENT CORPORATION: That the facts and recitations set forth in the preamble of this resolution are herebySection 1. found to be true and correct. That the Board of Directors of the Friendswood Downtown Economic Development Corporation does hereby authorize Change Order No. 1 with Pfeiffer & Son, Ltd., for the FM 518 Illumination Project and authorizes payment therefor in the amount of TWENTY-ONE THOUSAND FIVE HUNDRED AND NO/lOO DOLLARS ($21,500.00). A copy of said change order is attached hereto, marked Exhibit "A" and made a par: hereof for all intents and purposes. Section 2: That the Board of Dire Development Corporation does hereby authoriz( HUNDRED THIRTEEN THOUSAND FIVE HUf Section 3:ctors of the Friendswood Downtown Economic an owner's contingency in the amount of TWO IDRED FORTY-SEVEN AND NO/lOO DOLLARS ($213,547.00), which may be expended and allocated for changes in the scope of the work as deemed appropriate by the City Manager of the City of Friendswood. The City Manager, acting for and on behalf of the FDEDC, alone has discretion to determine whether to allocate funds from the owner's contingency to changes in the scope of work in order to accomplish the Project approved by the Board of Directors. This resolution shall take effect immediately from and after its passage by theSection 4: Board of Directors of the Friendswood Downtown Economic Development Corporation and the approval by the City Council of the City of Friendswood. PASSED, APPROVED and ADOPTED by the affirmative vote of the Board of Directors of the this the 14‘‘’ day o^ebruary, 2023.Friendswood Downtown Economic Development Corporate 2BF:CCA HILI.ENBURG, President ATTEST: PAUL MARX,retary APPROVED AS TO FORM: KAREN L. HORNER, General Counsel H;\Friendswood Downtown EDC\Resolutions\2023\Resolution - FDEDC Change Order No. 1 and Owner's Contingency docx 2