Agenda Item Description
Authorize (1) an amendment to Resolution No. 20-0974, previously approved on June 24, 2020, to reduce the Street and Transportation Fund from $1,674,098.00 to $1,420,098.00; add ECO (I) Fund (2017 General Obligation Bond Fund) in the amount of $192,000.00; add Public Private Partnership Fund in the amount of $62,000.00 (Developer�s participation); and disburse funds for a total amount of $254,000.00 to Vescorp Construction, LLC dba Chavez Concrete Cutting in accordance with the terms and conditions of Master Agreement Service Contract No. MASC-PBW-2020-00012768 for the construction of public sidewalks, curbs, gutters, driveway approaches, and barrier free ramp improvements on Stafford Street from North Edgefield Avenue to North Willomet Avenue and on the east side of North Edgefield Avenue for approximately 300 feet north and approximately 150 feet south of the intersection of Stafford Street and North Edgefield Avenue (the �Project�) as part of the 2020 Sidewalk and Barrier Free Ramp Improvements initiative pursuant to the Targeted Neighborhood Enhancement Program; (2) the receipt and deposit in an amount not to exceed $62,000.00 in the Public Private Partnership Fund from Oaxaca Interests, LLC (�Developer�) for Developer�s required portion of the Project; and (3) an increase in appropriations in an amount not to exceed $62,000.00 in Public Private Partnership Fund - Total not to exceed $254,000.00 - Financing: ECO (I) Fund (2017 General Obligation Bond Fund) ($192,000.00) and Public Private Partnership Fund (Developer�s participation) ($62,000.00)