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HomeMy WebLinkAbout2012-058 CCR Member Lin Myszkowski introduced the following resolution and moved its adoption: RESOLUTION NO. 2012-58 RESOLUTION AMENDING FUNDING SOURCES, IMPROVEMENT PROJECT NO. 2010-16, CONTRACT 20104, SHINGLE CREEK RESTORATION IMPROVEMENTS WHEREAS, on December 12,2011,the City of Brooklyn Center previously considered the finalization of said project and designation of final funding sources and amounts for Improvement Project No. 2010-16, Contract 2010-I, Shingle Creek Restoration Improvements; and WHEREAS, pursuant to a written funding agreement between the City of Brooklyn Center and the Shingle Creek Watershed Management Organization for said project,the Watershed has reduced its expected funding participation based on the Watershed's past practice of funding 25%of the project based on final construction costs. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that the final project revenues are hereby amended as follows: COSTS Original Estimate Final,12/12/11 Amended Contract $386,000.00 $236,188.19 $236,188.19 Change Order Nos. 1 &2 $ 23,365.50 $ 23,365.50 Subtotal Contract $386,000.00 $259,553.69 $259,553.69 Admin/Legal/Engr. $ 78,000.00 $ 85,111.39 $ 85,111.39 Contin ena $ 56,000.00 Total Project Cost $520,000.00 $344,665.08 $344,665.08 REVENUES As Original Award As Final Amended Shingle Creek $127,500.00 $127;500.00 $ 85,406.59 Watershed Commission Clean Water Legacy Grant $105,237.00 $105,237.00 $1 05,237.00 Hennepin County (4.5%) $ 23,000.00 $ 15,509.93 $ 15,509.93 City of Brooklyn Center $264,263.00 $ 96,418.15 $138,511.56 (TIF 2) Total Revenue $520,000.00 $344,665.08 $344,665.08 April 23, 2012 /►/ 9 �� y� of Date Mayor ATTEST: Cl/�d1�(. City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Carol Kleven and upon vote being taken thereon,the following voted in favor thereof: Tim Willson, Carol Kleven, Kay Lasman, Lin Myszkowski, and Dan Ryan; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.