Title
CHANGE ORDER NO. ONE TO CONTRACT K-1617-3: BY AND BETWEEN THE NORMAN TAX INCREMENT FINANCE AUTHORITY AND RDNJ, L.L.C. D/B/A A-TECH PAVING, INCREASING THE CONTRACT AMOUNT BY $20,169.18 FOR A REVISED CONTRACT AMOUNT OF $831,484.68 FOR THE 24TH AVENUE AND RADIUS WAY TRAFFIC SIGNAL AND INTERSECTION IMPROVEMENT PROJECT, FINAL ACCEPTANCE OF THE PROJECT, AND BUDGET APPROPRIATION FROM THE UNIVERSITY NORTH PARK TIF FUND BALANCE.
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BACKGROUND: On August 22, 2006, City Council approved Contract 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. The attached Exhibit A was included in Development Agreement No. 1 and includes the list of required traffic/transportation improvements for the UNP Development. Among the projects listed in Exhibit "A" are five intersections on 24th Avenue NW. Development Agreement No. 1 addresses the funding of these projects through the University North Park Tax Increment Finance Authority.
The City has constructed all of the five intersections along 24th Avenue NW, as listed below:
* Mount Williams Drive
* Conference Center Drive
* Legacy Park Drive
* Corporate Center Drive
* Radius Way
The fifth and final intersection under that agreement was Radius Way, which is located halfway between Rock Creek Road and Corporate Center Drive.
On October 25, 2016, City Council approved Contract K-1617-03 with RDNJ LLC dba A-Tech Paving for the construction of the traffic signals and intersection improvements for the 24th Avenue and Radius Way Project for $811,315.50. The Engineer's estimate for the project was $899,789.99.
DISCUSSION: Construction projects are awarded to the lowest responsible bidder. Contractor bids are determined using estimated plan quantities, multiplied by the contractor'...
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