City of Norman, OK - File #: K-1314-114 CO #2

• File #: K-1314-114 CO #2
• Version: 1
• Name: Change Order 2 for the Interstate Drive Extension Project
• Type: Contract
• Status: Passed
• File created: 7/16/2014
• In control: City Council
• On agenda: 7/22/2014
• Final action: 7/22/2014
• Title: CHANGE ORDER NO. TWO TO CONTRACT NO. K-1314-114: BY AND BETWEEN THE NORMAN TAX INCREMENT FINANCE AUTHORITY AND SILVER STAR CONSTRUCTION COMPANY, INC., INCREASING THE CONTRACT AMOUNT BY $131,094.25 FOR A REVISED AMOUNT OF $4,031,153.10 FOR THE INTERSTATE DRIVE EAST EXTENSION PROJECT AND BUDGET APPROPRIATION FROM THE NORTHPARK TIF FUND BALANCE.

Date	Ver.	Action By	Action	Result
7/22/2014	1	City Council

Title
CHANGE ORDER NO. TWO TO CONTRACT NO. K-1314-114: BY AND BETWEEN THE NORMAN TAX INCREMENT FINANCE AUTHORITY AND SILVER STAR CONSTRUCTION COMPANY, INC., INCREASING THE CONTRACT AMOUNT BY $131,094.25 FOR A REVISED AMOUNT OF $4,031,153.10 FOR THE INTERSTATE DRIVE EAST EXTENSION PROJECT AND BUDGET APPROPRIATION FROM THE NORTHPARK TIF FUND BALANCE.

Body
BACKGROUND: On August 22, 2006, City Council approved Contract No. K-0607-45 by and between the City of Norman and the University Town Center L.L.C., regarding Development Agreement No. 1 for the initial project activities associated with the traffic improvements needed to mitigate the additional traffic generated by the University North Park (UNP) development.

In 2008, the City constructed 0.62 miles of the 1.7 miles of the I-35 frontage road (Interstate Drive East) from Robinson Street to Conference Center Drive. During the design of the Rock Creek Road Overpass, the bridge was designed to span the future frontage road. On May 7, 2012, City Council approved Development Agreement No. 5 for the UNP Tax Increment Finance (TIF) District which included funding to complete the frontage (Interstate Drive East) road from Conference Center Drive to 24th Avenue NW. During the summer of 2012, the I-35/Robinson Street Interchange NE Quadrant project tied the I-35/Robinson Street Interchange ramps with the frontage road.

The construction contract with Silver Star Construction Company, Inc. of Moore Oklahoma for the Interstate Drive East Extension was approved by Council on April 22, 2014. The Interstate Drive East Extension Project (the "Project"), includes the following components:
*??Construction of approximately one mile of frontage road
*??Construction of a modern roundabout
*??Construction of the intersection of 24th Avenue NW with Interstate Drive East/Corporate Center Drive including decorative pavement and signalization
*??Installation of approximately one mile of 12-inch public waterline an...