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<br />. <br /> <br />. <br /> <br />. <br /> <br />R-05-04 <br /> <br />A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS IN EXCESS <br />OF 25% OF THE ORIGINAL CONTRACT AMOUNTS FOR THE DESIGN AND <br />CONSTRUCTION OF THE FREDERICK BOULEVARD WATER STORAGE <br />AND PUMPING FACILITY. <br /> <br />WHEREAS, in 2002, the City of Portsmouth entered into contracts for the design <br />and the construction of the Frederick Boulevard Water Storage and Pumping Facility; and <br /> <br />WHEREAS, since the contracts were awarded, unanticipated events such as the <br />relocation of the project from the City Compound, ensuing acquisition costs and <br />additional construction costs resulting from the new site have caused the actual cost of <br />the construction project to exceed the contract amounts of $470,473 for the design and <br />$3,817,000 for the construction by more than 25%; and <br /> <br />WHEREAS, City Code section 12-183 requires that City Council authorize any <br />increase to a contract in excess of 25% of the original contract amount. <br /> <br />NOW THEREFORE BE IT RESOLVED by the Council of the City of <br />Portsmouth, Virginia that it hereby authorizes the expenditure of funds in excess of25% <br />of the original contract amounts for the design and construction of the Frederick <br />Boulevard Water Storage and Pumping Facility. <br /> <br />BE IT FURTHER RESOLVED that a copy of this Resolution be included in the <br />Contract Documents for this project. <br /> <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on February 22,2005. <br /> <br />Teste: <br /> <br />City Clerk <br />