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Page <br /> oval Change orders <br /> 12/13/93 <br /> Jim Maland has provided us with the most recent information indicating <br /> that essentially these three elements of the project are substantially <br /> complete in terms of financing. The substantial completion date for the <br /> project is December 15, 1993, with final compl etion due the following <br /> week. No additional change orders for these three elements of the <br /> project are anticipated. The council can approve the change orders and <br /> assume that no additional expenditures will be made under these three <br /> components o f the. project. The budget will be adequate to finish the <br /> work. <br /> Additional outstanding unfinished contracts include the following: <br /> !_ Site grading, utilities, demolition awarded $299,900 <br /> to Frattalone <br /> Sound. system awarded to Muzak, Inc* 81000 <br /> �- Lighting system awarded to Electric Service Co. 133, 000 <br /> -� Spectator seating/entry area awarded to Arkay 157,400 <br /> Construction with alternates <br /> - Parking lot entrance road construction awarded 120,500 <br /> to T. A. Bchifsky including contingencies <br /> TOTAL $718,800 <br /> There are also several other items which will be purchased as part of <br /> the project including nettingl padding, treesp scoreboard, rubber mats, <br /> flag poles, plagues, and other miscellaneous operational items. <br /> Because many of these contracts are currently open and are not <br /> anticipated to be completed until the spring, final closure of the <br /> project cannot be made at this time. <br /> policy objectives" By City polio, change orders which exceed 5 of the <br /> base hid contract amount must be approved by the city council. Each of <br /> the change order documents prepared by the project engineer indicates <br /> that all o f the change orders Yi cu! proposed for consideration exceed the <br /> 5 limitation when added to the ,original awarded contract and past <br /> change orders. Therefore, counc;' I approval of all three change orders <br /> r g s necessary. The change order �.ess has a s been completed l eted in accordance <br /> � ���� <br /> with city policy and the documents have been reviewed and signed by the <br /> contractors and engineer@ <br /> Financial implications: All three of these change orders are within the <br /> p fact,budget estimates provided to the City Council recently. In fa , for <br /> the three change orders in the final analysis, the original contracts <br /> plus all change orders included to date is- approximately $5, 000 less <br /> than the budget estimates prepared approximately 30 days ago* <br />