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Shakopee City Council
March 15, 2022
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| | | | | | | | | FROM: | Adam Bentson, Graduate Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
Memorial Park Trail and Pedestrian Bridge Project Closeout | | |
| | | | | | | | Policy/Action Requested:
Adopt Resolution R2022-039, accepting work on the Memorial Park Trail and Pedestrian Bridge Project PA-19-09, and authorize final payment of $37,304.68 to S.M. Hentges & Sons. | | |
| | | | | | | | Recommendation:
Adopt Resolution R2022-039. | | |
| | | | | | | | Discussion:
On December 1, 2020, City Council awarded a contract for the Memorial Park Trail & Pedestrian Bridge Project to S.M. Hentges & Sons.
All of the improvements have been constructed in accordance with the contract documents. Attached is the Certificate of Completion showing the original contract amount of $536,758.65 with actual final costs of $558,299.89. All required project documentation has been received and is compliant. The project will be closed out upon issuance of final payment to S.M. Hentges & Sons in the amount of $37,304.68. | | |
| | | | | | | | Budget Impact:
The total final project amount is $879,498.59. The project is funded by the Park Asset Internal Service Fund, contributions from the SMSC and Scott County, and DNR grant money. The following table provides a summary of the costs and funding comparing the estimated amount based on bid award versus the final actual amounts.
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Estimate Amounts |
Final |
|
(Bid Award) |
Actual Amounts |
| COSTS |
|
|
| Construction Cost |
$536,758.65 |
$558,299.89 |
| Contingency |
$75,000.00 |
$48,099.00 |
| Subtotal |
$611,758.65 |
$606,398.89 |
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|
|
| Eng/Admin/Legal |
$265,000.00 |
$273,099.70 |
| Total Project Costs |
$876,758.65 |
$879,498.59 |
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| FUNDING |
|
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| State DNR grant |
$300,000.00 |
$300,000.00 |
| SMSC |
$100,000.00 |
$100,000.00 |
| Scott County |
$50,000.00 |
$50,000.00 |
| Park Asset Internal Service Fund |
$426,758.65 |
$429,498.59 |
| Total Funding |
$ 876,758.65 |
$ 879,498.59 |
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