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Department of Infrastructure - Public Works
Reference: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO, APPROVING THE ALLOCATION OF AN ADDITIONAL $89,416.00 FROM THE UNDERGROUNDING FUND AS PROVIDED IN THE FRANCHISE AGREEMENT WITH UNITED POWER, INC.; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTATION FOR SUCH ALLOCATION; AND AUTHORIZING THE EXPENDITURE OF SAID FUNDS FOR THE ADDITIONAL COSTS FOR THE SOUTHERN STREET, TOWER ROAD, AND CARMICHAEL PARK PROJECT
To: Mayor Kenneth J. Kreutzer and Members of City Council
Through: Philip Rodriguez, City Manager
Prepared By: Michael Woodruff, Director of Infrastructure
Date Prepared: March 7, 2019
PURPOSE
To request City Council approval of allocation from the United Power Undergrounding Fund (“Undergrounding Fund”) in the amount of $89,416.00 for the Southern Street, Tower Road, and Carmichael Park Project (“Project”) in accordance with Brighton Municipal Code Article 5-80, Ordinance 2031, and the Franchise Agreement with United Power, Inc. Also, pursuant to Section 3-8-90 of Brighton Municipal Code, all bids and proposals in excess of $50,000.00 shall be awarded through formal written procedures by the City Council.
BACKGROUND/HISTORY
The Project was intended to underground existing overhead electric distribution infrastructure, and add new street lighting along Southern Street, Tower Road, and Carmichael Park utilizing the Undergrounding Fund.
The City Council has previously reviewed the use of $454,038.00 of the Undergrounding Fund allocated by United Power, Inc., as part of the Franchise Agreement for the Southern Street, Tower Road, and Carmichael Park Project (installation of lights on Southern Street between Telluride Street and 45th Avenue, and Tower Road between Bromley Lane and Bridge Street, and undergrounding of lights on Southern Street adjacent to Carmichael Park) under Resolution No. 2015-64, adopted the 2nd day of June, 2015.
The Project has been completed with an initial estimated cost of $514,805.00 and an additional amount of $28,649.00 for a grand total of $543,454.00, leaving an outstanding balance of $89,416.00 from the previously-allocated amount.
At the time of construction of Tower Road and Southern Street, an application for undergrounding was conducted to underground existing overhead electric distribution infrastructure and add street lighting with the new roadway infrastructure. The benefit of drawing from the Undergrounding Fund was to reduce the financial impact of the overall Project cost, as well as utilize funds dedicated for improvements where there is a substantial balance.
FINANCIAL IMPACT
The total impact of $89,416.00 will be drawn down from the current Undergrounding Fund balance, in excess of $3,000,000.00, and thus will not require any budget impacts to the 2019 Adopted Budget.
STAFF RECOMMENDATION
In completing the review and evaluation of the financial figures provided, the scope of work conducted, and the available allocation of Undergrounding Fund, the recommendation of City staff is to approve the additional allocation in the total amount of Eighty-Nine Thousand, Four Hundred Sixteen Dollars ($89,416.00), in accordance with the Franchise Agreement for actual costs incurred on the Project.
OPTIONS FOR COUNCIL CONSIDERATION
Ø Approve as presented
Ø Reject
Attachments:
Ø Resolution