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HomeMy WebLinkAbout1528 Agreement Missouri Highways and Transportation BILL NO. 2017-026 ORDINANCE NO. ),5 J g AN ORDINANCE APPROVING A MUNICIPAL AND COST APPORTIONMENT AGREEMENT WITH THE MISSOURI HIGHWAYS AND TRANSPORTATION COMMISSION BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS: SECTION 1 -APPROVAL OF AGREEMENT. That the Riverside Board of Aldermen hereby approves the Municipal and Cost Apportionment Agreement, in substantially the form attached hereto, by and between the City of Riverside and the Missouri Highways and Transportation Commission. The Mayor is authorized to execute the Agreement on the City's behalf. SECTION 2-GRANT OF FURTHER AUTHORITY. That the Mayor,the City Administrator, and other appropriate City officials are hereby authorized to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Ordinance and to execute and deliver for and on behalf of the City all certificates, instruments, agreements and other documents,as may be necessary or convenient to perform all matters herein authorized. SECTION 3 - EFFECTIVE DATE. That this Ordinance shall be in full force and effect from and after its passage and approval. BE IT REMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority of the Board of Aldermen and APPROVED by the Mayor of the City of Riverside this at � day of YY-)oAa , 2017. Mayor Kathleen L. Rose ATTEST: Robin Kinc'ai ,'i i4- Clerk Exhibit B Project Name: Route 9 and Mattox Road Intersection MoDOT Job Number: 1453202 Local Entity: City of Riverside Total Project Breakdown: Phase Current Estimate Preliminary Engineering-MoDOT Staff $ 81,748.82 Right of Way Acquisition $ - Right of Way Incidentals-MoDOT Staff $ - Utilities $ Construction $ 889,541.00 Construction Contingency(2Y construction) $ 17,790.82 Construction Engineering"" $ 63,869.04 Non-Contractual costs""""" $ 3,000.00 TOTAL $ 1,055,949.68 Project Responsibilities:(MoDOT/City/County/Shared) Design MoDOT Right of Way Acquisition MoDOT Utilities MoDOT Letting MoDOT Inspection MoDOT Financial Responsibility: Dollars MoDOT 194,388.68 City Local Funds 150,000.00 City STP Funds 711,561.00 TOTAL 1,055,949.68 How will overrun/underruns be handled? MoDOT will be responsible for any cost overruns beyond the Entity's maximum share of $861,561.00($150,000 local funds plus$711,561 STP funds). Upon completion of the project,if the construction contract cost is less than$861,561.00,any excess funds credited to the Entity shall be refunded.No funds will be refunded to the Entity if the total construction contract cost is over$861,561.00.