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CHANGE ORDER NO. THREE TO CONTRACT K-1314-114: BY AND BETWEEN THE CITY OF NORMAN, OKLAHOMA, AND SILVER STAR CONSTRUCTION COMPANY, INC., DECREASING THE CONTRACT AMOUNT BY $245,601.75 FOR A REVISED CONTRACT AMOUNT OF $3,785,551.35 FOR THE INTERSTATE DRIVE EAST EXTENSION PROJECT, FINAL ACCEPTANCE OF THE PROJECT, AND REIMBURSEMENT TO NORMAN ECONOMIC DEVELOPMENT COALITION (NEDC) IN THE AMOUNT OF $38,420.13 FOR THEIR PORTION OF COSTS PAID FOR THE 24TH AVENUE N.W./CORPORATE CENTER DRIVE INTERSECTION IMPROVEMENTS.
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BACKGROUND: On August 22, 2006, City Council approved Contract K-0607-45, Development Agreement No. 1 with University Town Center L.L.C., 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 8, 2012, City Council approved Development Agreement No. 5 for the UNP Tax Increment Finance (TIF) District which includes 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.
Projects included in Development Agreement No. 5 are:
* Construction of the I-35/Robinson Street NE Interchange (Completed September 2012)
* Construction of the intersection of 24th Avenue NW and Legacy Park Drive (Completed January 2013)
* Construction of Legacy Park and Legacy Trails (Under Construction)
* Design of the I-35/Robinson Street West Interchange (Under Design)
* Construction of the Interstate Drive East Extension (Completed with this Contract)
The con...
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