HomeMy WebLinkAbout2002 05 13 Informational M Final Status of the Winding Hollow Traffic Signal
.
COMMISSION AGENDA
ITEM
M
CONSENT
INFORMATIONAL X
PUBLIC HEARING
REGULAR
May 13, 2002
Meeting
MGR ~EPT /~
Authorization
REQUEST: Public Works Department Reporting on the Final Status of the Winding Hollow
Traffic Signal.
PURPOSE: The purpose of this Board item is to provide the City Commission a final report of the
construction of the Winding Hollow traffic signal.
. CONSIDERATIONS:
This agenda item is needed to provide the City Commission with the final status report
of the funding for the Winding Hollow Traffic signal. The final construction cost was
$155,937.33 of which the City paid $41,889.80 as was agreed to and Pizzuti paid
$114,047.53.
Pizzuti ultimately paid the original construction amount plus interest charges,
remobilization costs, geotechnical design costs, and traffic barricade extras
FUNDING:
No additional funding was required from the City. The contractor, Chinchor Electric,
has indicated the Pizzuti Company has fulfilled all of their financial obligations for this project.
ATTACHMENTS:
None
.
COMMISSION ACTION: