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Department App al ,,Ili I . REQUEST FOR COUNCIL ACTION Manager reviewed: DATE: 7/28/03 ITEM NO.. NJ. A. Agenda Section: oonwnt Item Description: Final contract acceptance of 2001 Contract B, W. Owasso Boulevard Background: 2001 Contract B was awarded to T. AF Schifsky and Sons of North St. Paul, Minnesota on May 14, 2001. The road reconstruction, rehabilitation, and pathway were constructed during the summer of 2001. All final punch list items have been completed, and the contractor has requested final payment. 2001 Contract B: west Owasso Boulevard Reconstruction Segment 1: Oily of Roseville P- ST- SW -01 -09 west Owasso Boulevard, Victoria Street to City Limits Segment :pity of Shoreview Prof ect 0 1 -0 1 Nest Owasso Boulevard, City Limits to North Owasso Blvd. Policy objectives: City policy requires that the following items be completed to finalize a construction contract+ Certification from the City Engineer verifying that all of the work has been completed in accordance with plans and specifications. resolution by the City Council accepting the contract and beginning the one -year warranty. Financial implications: W. Owasso Boulevard was a Ramsey County Turnback road that was added to our Municipal State Aid roadway system in 1995. The contract financing as proposed in the feasibility report approved by the City Council on February 21, 2001, was modified by the adoption of the new City Assessment Policy on July 18, 2002. please see attached financing summary for details. The final contract amount, $2,306,169-57 is $150,124.62 greater than the awarded amount of $2,156,044.95. This represents an increase in contract of approximately 6.5%. 3.1%of this is due to private driveway work paid for by property owners, and 3.4% is from change orders. During the course of the reconstruction project, we worked with property owners, trying to address their concerns. As is our practice, we addressed additional items brought to us by property owners, these included drainage concerns, curb cuts, tree trimming, driveway slopes, sod installation, and wall extensions. These extras added to plan quantities and were addressed through change orders.