Title
Approval of the Cost Participation Agreement for the Tienken Road Bridge at Kings Cove Drive between the City of Rochester Hills and Board of Road Commissioners for Oakland County
Body
Whereas, unforeseen construction costs have been incurred by the project contractor, Posen Construction, Inc., during the effort to relocate water mains for the Cities of Rochester and Rochester Hills; and
Whereas, the Posen Construction has submitted a preliminary claim estimating the reimbursement of the unforeseen construction costs that include reimbursement for worker wage and benefits, equipment, materials, insurances and subcontractor payments for additional dewatering, pipe jack and boring, and pipe directional drilling in a net estimated amount of $300,000.00; and
Whereas, the City, along with the Road Commission for Oakland County, desire to pay Posen Construction an estimated additional $200,000.00 for an expedited construction schedule that also includes cold weather protection measures in order to keep the project construction progressing and not breaking on November 14th until July 1, 2007; and
Whereas, the City's local share of the $500,000.00 will be fifty percent (50%) and result in an increased contribution of $250,000.00 by Rochester Hills. Tri-Party funds originally allocated in 2006 for the Avon Road (Princeton to Grovecrest) project will be used to fund the City's local share; and
Whereas, the proposed Cost Participation Agreement is a mechanism to program the Tri-Party funds through the Board of Road Commissions for the County of Oakland (BOARD); and
Whereas, upon execution of this Agreement, the BOARD shall submit an invoice to the City in the amount of $41,667, which is fifty percent (50%) of the City's share; and
Whereas, upon completion of the project, the BOARD will submit an estimated final invoice to the City for the remainder of the City's share.
Resolved that the Rochester Hills City Council hereby approves all conditions of the Cost Share Agreement for Tienken Road at Kings' Cove Drive with the Board of Road Commissioners for the County of Oakland and authorizes the Mayor and Clerk to execute the agreement on behalf of the City.