HomeMy WebLinkAboutCAPITAL PROJECT BUDGET_ MARVIN GRIFFIN ROAD IMPROVEMENTS_ CHANGE NUMBER 8 Augusta-Richmond County,Georgia CPB#323-041110-296823603
CAPITAL PROJECT BUDGET
MARVIN GRIFFIN ROAD
(S.R. 56 to S.R. 56 Spur)
CHANGE NUMBER EIGHT
BE IT ORDAINED by the Commission-Council of Augusta-Richmond County,
Georgia that the following Capital Project Budget is hereby authorized:
Section 1: Approve award of Construction Contract to Reeves Construction Company in the
amount of$9,578,429.25 for Marvin Griffin Road Improvements Project as requested
by AED.Award is contingent upon receipt of signed contracts and proper bonds.
Funds are available in amount of$9,578,429.25 upon commission approval.
Following is Fund allocation: $5,944,683 (Marvin Griffin Rd SPLOST??);
$1,833,746.25 (AUD), and$1,800,000 (GDOT Funds)
Section 2: The following revenues are anticipated to be available to the Consolidated
Government to complete the project.
Special 1% Sales Tax, Phase II $ 2,091,400
Special 1% Sales Tax, Phase III $ 1,375,600
Augusta Utilities $ 36,230
Augusta Utilities $ 41,000
Marvin Griffin Rd. SPLOST $ 5,944,683
AUD $ 1,833,747
GDOT Funds $ 1,800,000
$ 13,122,660
Section 3: Copies of this Capital Project Budget shall be made available to the
Comptroller for directiondinin carrying out this
�project.
Adopted this �L + day of -ebl 9-11:31,
Approve.
/e/�7cv-1.4") APP
Honorable Hardie Davis Jr.,Mayor
Original-Commission Counci urn
Copy-Engineering Department
Copy-Finance Department
Copy-Procurement Department
1/12/2017
Augusta-Richmond County, Georgia CPB#323-041110-296823603
CAPITAL PROJECT BUDGET
CPB AMOUNT CPB NEW
SOURCE OF FUNDS CPB ADDITION CPB
SPECIAL 1% SALES TAX, PHASE III
323-041110-0000000-000000000 ($1,375,600) ($1,375,600)
322-041110-0000000-000000000 ($2,091,400) ($2,091,400)
507043410-5212115-80900030 ($77,230) ($77,230)
323-041110-5414110-296823603 ($5,944,683) ($5,944,683)
507043410-5212115-80900030 ($1,833,747) ($1,833,747)
GDOT Funds ($1,800,000) ($1,800,000)
TOTAL SOURCES: ($3,544,230) ($9,578,430) ($13,122,660)
USE OF FUNDS
ADVERTISING
323-041110-5233119-296823603 $2,000 $2,000
ENGINEERING
323-041110-5212115-296823603 $237,280 $237,280
RIGHT OF WAY
323-041110-5411120-296823603 $150,000 $150,000
RAILROAD PERMIT
323-041110-5414610-296823603 $30,000 $30,000
CONSTRUCTION
323-041110-5414110-296823603 $2,568,464 $9,578,430 $12,146,894
AUGUSTA UTILITIES $41,000 $41,000
507043410-5212115-80900030
OTHER FUNDING$36,230
U'1'1L1'1'Y RJLOUA'I'ION
323-041110-5414510-296823603 $515,486 $515,486
TOTAL USES: $3,544,230 $9,578,430 $13,122,660
1/12/2017