Fiscal Note
The $12,000 of increased budget authority utilizes existing funds that were carried over in 2004 from an older project. No additional appropriation is therefore needed for this budget amendment.
Funds for the award of contact 6037 are available in the Acct. No. listed on the attached.
Title
Amending the 2007 Capital Budget for Planning & Development (Project 46-Fairchild Building) and Awarding Public Works Contract No. 6037, Fairchild Building Concrete Restoration, 120 S. Fairchild St.
Body
WHEREAS there is currently $12,000 of available funds in Capital Project account 810435 which is not included in the current budget authority of that project.
WHEREAS the award of contract 6037 requires the use of a portion of these funds.
NOW THEREFORE BE IT RESOLVED that the 2007 Capital Budget for Planning & Development Project 46 be amended to increase the budget authority by $12,000.
BE IT FURTHER RESOLVED, that the following low bids for miscellaneous improvements be accepted and that the Mayor and City Clerk be and are hereby authorized and directed to enter into a contract with the low bidders contained herein, subject to the Contractor's compliance with Section 3.58 of the Madison General Ordinances concerning compliance with the Affirmative Action provisions:
BE IT FURTHER RESOLVED, that the funds be encumbered to cover the cost of the projects contained herein.
See attached document (Contract No. 6037) for itemization of bids.