HomeMy WebLinkAboutCAPITAL PROJECT BUDGET- RESURFACING VARIOUS ROADS- CPBS- OLIVE RD (GORDON HWY TO WHITE RD) AND CENTER WEST PKWY (SHERWOOD DR TO BERTRAM RD) Augusta-Richmond County, Georgia CPB#N/A
CAPITAL PROJECT BUDGET
RESURFACING VARIOUS ROADS
SUPPLEMENTAL CONSTRUCTION CONTRACT
BID 17-243
BE IT ORDAINED by the Commission-Council of Augusta-Richmond County,
Georgia that the following Capital Project Budget is hereby authorized:
Section 1: The Supplemental Contract is authorized to award Construction Contract to Reeves
Construction Co. in the amount of$1,060,158.00 for Resurfacing Olive Road
(Gordon Hwy to White Road) and Center West Parkway(Sherwood Dr. - Bertram Rd).
Funding available in LMIG 2018.
Section 2: The following revenues are anticipated to be available to the Consolidated
Government to complete the project.
LMIG Funds (2015) $ 1,570,688
LMIG Funds (2017) $ 979,982
LMIG 10% Match (TIA Discretionary) $ 255,067
SPLOST VII (Resurfacing) $ 750,000
TIA Discretionary Funds $ 1,404,054
LMIG 2018 $ 1,060,158
$ 6,019,949
Section 3: Copies of this Capital Project Budget shall be made available to the
Comptroller for direction in carrying out this project.
Adopted this day of )urve 2 \ .
Approved
Honorab e '4.111`ardie Davis, J , ayor
thUM
Original-Commission Council Office
Copy-Engineering Department
Copy-Finance Department
Copy-Procurement Department
10.18.2017
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Augusta-Richmond County, Georgia CPB#N/A
CAPITAL PROJECT BUDGET
RESURFACING VARIOUS ROADS
CPB AMOUNT CPB NEW
SOURCE OF FUNDS ADDITION CPB
LMIG FUNDS (2015) ($1,570,688) ($1,570,688)
LMIG FUNDS (2017) ($979,982) ($979,982)
LMIG 10%MATCH ($255,067) ($255,067)
(TIA DISCRETIONARY)
SPLOST VII (Resurfacing) ($750,000) ($750,000)
TIA DISCRETIONARY FUNDS ($1,404,054) ($1,404,054)
LMIG 2018 ($1,060,158) ($1,060,158)
TOTAL SOURCES: ($4,959,791) ($1,060,158) ($6,019,949)
USE OF FUNDS
LMIG FUNDS (2015) $1,570,688 $1,570,688
LMIG FUNDS (2017) $979,982 $979,982
LMIG 10% MATCH $255,067 $255,067
(TIA DISCRETIONARY)
SPLOST VII (Resurfacing) $750,000 $750,000
TIA DISCRETIONARY FUNDS $1,404,054 $1,404,054
LMIG 2018 $1,060,158 $1,060,158
TOTAL USES: $4,959,791 $1,060,158 $6,019,949
10.18.2017
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