CITY of RAPID CITY

Agenda Item Summary

 

Public Works Committee Meeting Date:  August 11, 2015

City Council Meeting Date: August 17, 2015

Staff Contact: Ted Johnson

Petitioner: Tescher Development Group, LLC

Location: Homestead Street west of Copperfield Drive

Agenda Title:

Authorize Mayor and Finance Officer to Sign an Agreement between the City of Rapid City and TESCHER DEVELOPMENT GROUP, LLC, for Homestead Street 12” Water Main Oversize Cost Reimbursement, not to exceed $27,445.42.

Summary:

Click here to enter text.An agreement for oversize cost reimbursement to TESCHER DEVELOPMENT GROUP, LLC, for the oversizing of approximately 1,000 linear feet of 8-inch water main to 12-inch water main located within the Homestead Street Right-of-Way in the SE¼ NW¼ of Section 4, T1N, R8E, BHM, Pennington County, Rapid City SD. The proposed water line improvements are being constructed with the Copperfield Vistas Subdivision Phase 1 and Phase 2 infrastructure improvements.  Reimbursement for the oversize improvements may be requested for Phase 1 or Phase 2 improvements depending on project completion and final acceptance by the City.   Final reimbursement payment shall be determined by actual installed costs of the improvements, and shall not exceed $27,445.42. 

Funding Source & Fiscal Impact (if applicable):

 

Fund

Cost Center

 

Fund

Cost Center

0834

4382

 

 

 

 

x

Budgeted

 

 

Not Budgeted

Recommendation:

Action:  Approve oversize cost reimbursement and authorize Mayor and Finance Officer to sign agreement. 

Notes:

City Council Options:

1)    Deny request for reimbursement.

2)    Adjust requested reimbursement amount.

Attachments & Links:

Oversize Reimbursement Request

Original Agreement

Location Sketch

Cost Estimate