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HomeMy WebLinkAboutResolutions - No. 2010-128RESOLUTION NO. 2010-128 A RESOLUTION OF THE LODI CITY COUNCILAWARDING CONTRACT FORWELL 27 ON-SITE IMPROVEMENTSAND FURTHER APPROPRIATING FUNDS WHEREAS, in answer to notice duly published in accordance with law and the order of this City Council, sealed bids were received and publicly opened on June 30, 2010, at 11:00 a.m. for the Well 27 on-site improvements described in the plans and specifications therefore approved by the City Council on June 2,2010; and WHEREAS, said bids have been checked and tabulated and a report thereof filed with the City Manager as follows: Bidder Bid A.M. Stephens Construction Company, Inc. $172,106.00 Howk Systems $208,606.00 Caliagua, Inc. $228,581.20 J.R. Filanc Construction $241,274.00 Amerine System, Inc. $267,102.00 Kinetics Mechanical Service, Inc. $276,007.00 WHEREAS, staff recommends awarding the contract for Well 27 on-site improvements to the low bidder, A.M. Stephens Construction Company, Inc., of Lodi, California; and WHEREAS, the funding for the water well improvements are the obligation of the Water Impact Mitigation Fee Fund; however, since the current balance of that fund is insufficient to cover the project's costs, staff recommends a loan be provided from the Water Capital Fund. The funds will be repaid to the Water Capital Fund with interest set at the Local Agency Investment Fund (LAIF) rate annually from the Water Impact Mitigation Fee Fund beginning July 2011, for a period of five years. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby award the contract for Well 27 on-site improvements to the low bidder, A.M. Stephens Construction Company, Inc., of Lodi, California, in the amount cf $172,106; and BE IT FURTHER RESOLVED that funds in the amount of $234,000 be borrowed and appropriated from the Water Capital Fund for this project; and BE IT FURTHER RESOLVED that the Water Capital Fund be repaid with interest set at the LAIF rate beginning July 2011 amortized over a five-year term. Dated: August 4, 2010 hereby certify that Resolution No. 2010-128 was passed and adopted by the City Council of the City of Lodi in a regular meeting held August 4, 2010, by the following vote: AYES: COUNCIL MEMBERS— Hansen, Hitchcock, Johnson, and Mayor Katzakian NOES: COUNCIL MEMBERS— None ABSENT: COUNCIL MEMBERS— Mounce ABSTAIN: COUNCIL MEMBERS— None &JOHL City Clerk 2010-128