Minutes 01/22/1991 - Laserfiche WebLink

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January 22, 1991 Ayes: Epperson, King, Hawks, Lucas, Webb Nays: Corprew 91-35 Letter'from the'City Manager recommending adoption of a motion~ito award a'contract for installation of necessary storm drainage.lfaCilitieS on the parcel between the Kings Crossing Condominium and the Seawall to the low b~dder, Utility~ Builders, Inc. in the amount of $16,070. "In conjunction with the Kings Crossing development, the. City is required to make certain improvements to the<property adjacent to the development site. In order foX'the condomfnium construction to progress~fro~ its present~stage!ef~ COmpletion, it is necessary for the City to installlthe~Storm~d~ainage facilities on the City owned parcel between the condominium site ahd!the Seawall. After completion, thls area will become an extension of RiverfrOnt Park. On December 12, 1990 bids were received for the required ~ storm drainage as tabulated on Attachment 1. The low bidder, Utility Builders, Inc., is a Portsmouth firm who has successfully completed several projects for the City in the past. The total cost of the project is tabulated as follows: Utility Builders, Inc, (Construction ContraCt) $16,070.00 Contingencies ~ $ 2,500,00 Contract Administration and Inspection $ 3;500.00 TOTAL ANTICIPATED PROJECT COST $22,070.00 The Director of Public Works recommends that a contract be awarded to the low bidder, Utility Builders, Inc.~ in the amount of $16,070. Sufficient funds for completion of this work are available from prior appropriatiOns· ~ ~ ~ I, therefore, concur and recommend award of the contract to the low bidder; Utility Builders, Inc." Motion of Mrs. Lucas and seconded by Mr, King~ to award the contract for installation of necessary storm drainage facilities on the parcel between Kings Crossing Condominium and the Seawall to the iow bidder, Utility Builders, Inc., and was adopted on first and final reading, and by unanimous vote. 91-36 Letter from the City Manager recommending adoption of a motion authorizing the City Manager to sign an amendment to the development agreement with Portsmouth Parkside Development Associates. "Portsmouth Parkside Development Associates, the developer of Crawford Square Condominiums, has requested from the Portsmouth Redevelopment and Housing Authority an amendment to the Development Agreement among the City, the Authority, and the Developer. This amendment would grant an extension in the time allowed for construction of Phase II, due to a lack of sales of Phase I units and current market conditions. The amended agreement would require substantial Completion of the condominiums on or before October 31, 1992. The Executive ' Director of PRHA expects construction to begin by July 1, 1991. The Authority adopted a resolution approving the requested extension. I recommend that you adopt a motion authorizing the City Manager to sign the Fifth Amendment to the Development Agreement with Portsmouth Parkside Development Associates."