TO: Mayor and City Council
FROM: Greg Ruddy, Director of Public Works
SUBJECT:
title
Resolution Appropriating Supplemental Motor Fuel Tax Funds for the 2010 Roadways Resurfacing Contract - MFT Section No. 10-00432-00-RS
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BACKGROUND:
On April 20, 2010 the Mayor and City Council awarded the 2010 Roadways Resurfacing Contract, in the amount of $1,148,464.37 to PT Ferro Construction Co. Subsequently, Change Order No.’s 1-6 were approved increasing the contract to $1,252,781.91. The contract work was completed in 2011. Motor Fuel Tax (MFT) funds were expended to fund a portion of this contract, in the amount of $1,002,464.55. To date, there have been (2) two MFT Resolutions approved for this contract, which appropriated a total of just $163,681.80 of MFT Funds.
The Public Service Committee will review this matter.
CONCLUSION:
The State of Illinois requires that the Mayor and City Council approve an MFT Resolution(s) for the entire MFT-funded portion of any contract utilizing these funds. As such, please find attached a Motor Fuel Tax Resolution appropriating supplemental MFT funds in the amount of $838,782.75 for the 2010 Roadways Resurfacing Contract - MFT Section No. 10-00432-00-RS.
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council approve the MFT Resolution appropriating supplemental Motor Fuel Tax funds.
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