Title
Fiscal Year 2025-26 Budget Amendment #3 & Construction Contract Authorization (Project #55002)
PURPOSE: Action A: To approve budget, grant, and capital project ordinance amendments for Fiscal Year 2025-26.
Action B: The Town Council is to adopt a resolution authorizing the Town Manager to award a contract for the construction of phase 1 of the Morgan Creek Greenway, and to select an engineering firm, and execute a contract for construction, engineering, and inspection services for the same project.
end
Department
DEPARTMENT: Finance, Stormwater, Planning, Zoning, and Inspections
end
Information
INFORMATION:
Stormwater
Fidelity Street Drainage Improvements: The Stormwater Division is requesting an increase to the Stormwater Utility Capital project #81004, Fidelity Street Drainage Improvements in the amount of $30,000 for engineering services. This amendment provides for an increase to the project ordinance in the amount of $30,000, and authorizes a transfer from the Stormwater Utility Enterprise Fund at the same amount, to be provided for by a reallocation in the operations budget in the Stormwater Utility Enterprise Fund.
Planning, Zoning, and Inspections
Morgan Creek Greenway Phase 1: The Planning, Zoning, and Inspections Department is requesting approval to amend the project ordinances for the following capital projects: Morgan Creek Greenway Phase 1 project #55002, South Greensboro Street Sidewalk project #55015, and Estes Drive Bike-Pedestrian Improvements project #54043. This request is due to higher than anticipated construction bid costs for the Morgan Creek Greenway Phase 1 project. This amendment provides for an increase to the project ordinance in the amount of $500,000, and authorizes the reallocation of existing Orange County Transit funding by reducing the South Greensboro Street Sidewalk project ordinance by $350,000 and the Estes Drive Bike-Pedestrian Improvements project ordinance by $150,000.
end
Fiscal and Staff Impact
FISCAL IMPACT: This amendment increases the budget appropriation for the Stormwater Capital Fund Fidelity Street Drainage Improvements Project #81004 by $30,000; increases the Capital Projects Fund Morgan Creek Greenway Phase I Project #55002 by $500,000; decreases the Capital Projects Fund South Greensboro Street Sidewalk Project #55015 by $350,000; and decreases the Capital Projects Fund Estes Drive Bike-Pedestrian Improvements Project #54043 by $150,000. There is no additional impact on the General Fund.
end
Recommendation
RECOMMENDATION: The Manager recommends that the Council approve the budget and grant project ordinance amendments for Fiscal Year 2025-26 and authorize the Manager to award the construction contract for Phase 1 of the Morgan Creek Greenway, select an engineering firm, and execute contracts for construction, engineering, and inspection services for the project.
end