Submitted By
Bill McKenna, Village Engineer
Reviewed By
A.M. Zayyad
Agenda Item Title
Title
A Resolution Approving a Change Order to the Estimates of Cost and Authority to Work Agreements with AT&T Illinois for the Design and Relocation of Communications Facilities for the Vacation of South Euclid Avenue for the Senior Living Center Development at 703 Madison Street to Change the Not to Exceed Amount from $1,250,000 to $1,285,832
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Overview
Overview
In 2020 and 2021 AT&T relocated communication facilities on Euclid Avenue south of Madison in order to vacate Euclid and allow for the construction of the Redico Senior Living Center. AT&T has sent final invoicing for the relocation work which exceeds the original estimates and Board authorized amounts by $35,832. Per the agreements, the Village pays for the actual costs of the work. The change order adjusts the Board authorized not to exceed amount from $1,250,000 to $1,285,832.
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Recommendation
Recommendation
Approve the Resolution.
Fiscal Impact
There are available funds to pay for these additional costs in the FY2022 Budget in the Madison Street TIF Fund for Economic Development Initiatives, account no. 2072.41300.101.570698.
Background
In 2020 and 2021 AT&T relocated their communications facilities on Euclid Avenue south of Madison Street in order to allow for the vacation of Euclid for the construction of the Redico Senior Living Center. Per the Redevelopment Agreement (RDA) with Jupiter, the Village is responsible for the costs of utility relocation associated with the vacation of Euclid Avenue south of Madison Street.
AT&T has completed all of its relocation work associated with the senior living center and has sent the final invoicing. The final dollar amount for the work is $1,285,832 which exceeds the originally approved amount of $1,250,000 by $35,832. The additional costs are primarily attributed to costs for additional hours associated with splicing the new cables to the o...
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