| | | | | | | |  | CITY OF PLANO
COUNCIL AGENDA ITEM |
|
| | | | | | | | Council Meeting Date: 7/22/2019
Department: Engineering
Department Head: B. Caleb Thornhill
Agenda Coordinator: Lauren Higgins |
| | | | | | | |
CAPTION
RFB No. 2019-0479-B for Downtown Parking Lots, Project No. 6993, for the Engineering Department to Denco CS Corporation in the amount of $928,787; and authorizing the City Manager to execute all necessary documents. Approved
|
| | | | | | | |
FINANCIAL SUMMARY Operating Expense
|
| FISCAL YEAR: 2018-19 |
Prior Year
(CIP Only) |
Current
Year
|
Future
Years
|
TOTALS |
| Budget |
0 |
12,537,264 |
0 |
12,537,264 |
| Encumbered/Expended Amount |
0 |
0 |
0 |
0 |
| This Item |
0 |
-325,000 |
-603,787 |
-928,787 |
| Balance |
0 |
12,212,264 |
-603,787 |
11,608,477 |
FUND(S): TIF II Fund
|
|
| | | | | | | |
COMMENTS: Construction of the Downtown Pedestrian & Parking Improvements, in the amount of $928,787, will leave a balance of $11,608,477 within the TIF II Fund for future expenditures identified in the TIF II Project Plan. |
| | | | | | | |
SUMMARY OF ITEM
The Engineering Department accepted bids on June 27, 2019, for the Downtown Parking Lots project. The project includes two (2) new parking lots on Municipal Drive, paving an area adjacent to the Plano Masonic Lodge for access to McCall Plaza, and adding a crosswalk on 15th Street west of the DART rail.
The lowest responsive, responsible bid was submitted by Denco CS Corporation, in the amount of $928,787. There were a total of 3,677 vendors notified of this project. Eight (8) complete bids were received for the project as shown in the attached bid recap.
If this project is not awarded, on street parking in the downtown area will not be reduced.
Strategic Plan Goal:
Financially Strong City with Service Excellence, Great Neighborhoods - 1st Choice to Live, Exciting Urban Centers - Destination for Residents and Guests
Plano Tomorrow Plan Pillar:
Social Environment, Economic Environment |
|
|