Title
Consider a resolution authorizing the Mayor to execute Quantity Adjustment/Change Order No. 1 with Smith Contracting Co., Inc. for the Chisholm Trail Road North Project.
Body
Chisholm Trail Road North widens Chisholm Trail Road from 2,400 feet north of Old Settler's Boulevard to the dead end 650 feet north of CR173 to a 4-lane divided roadway with curb and gutter and stormwater line, and widens CR 173 to accommodate a center turn lane from Chisholm Trail to the IH-35 frontage road. The project will install a new signal at Chisholm Trail Road and CR173 as well as upgrade the waterline throughout the project. The original contract was for $6,774,712.15
This Change Order No. 1 (CO No. 1) is for modifications made to the stormwater line and waterline to remove conflicts as well as adds construction fencing and an additional OPTICOM unit for proper signal operations. The changes in CO No. 1 amount to $136,693.43 which brings the total contract amount to $6,911,405.58.
Cost: $136,693.43
Source of Funds: RR Transportation and Economic Development Corporation (Type B), Self-Financed Water Construction