File #: 22-0315    Version: 1 Name: Northwest Connector 3
Type: Ordinance Status: Third Reading
File created: 8/31/2022 In control: City Council
On agenda: 11/8/2022 Final action: 11/8/2022
Title: Ordinance amending FY22-23 Budget-Northwest Connector 3
Attachments: 1. 22-23 NW 3 Overages.pdf

Title

Ordinance amending FY22-23 Budget-Northwest Connector 3

 

Body

SUMMARY: Staff has been notified by TDOT that additional deposits will be required for the Northwest Connector 3 project due to the bid being over the original cost estimate. We have currently received invoices in the amount of $483,375.28; however, Staff requests a budget amendment in the amount of $1,996,000.00 to cover all of the anticipated overages. 

 

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION: Approve ordinance