Agenda Item Title:
Authorize Mayor and Finance Director to sign the Agreement between the City of Rapid City and Creek Drive LLC for Construction of Public Water Main and for Oversize Water Main Cost Reimbursement, not to exceed $115,000.
Origination Group:
Public Works Committee
Origination Meeting Date:
09/27/2022
City Council Hearing Date:
10/03/2022
Staff Contact:
Michelle Lashley
Agenda Item Summary:
This agreement details the terms of City cost-share, warranty provisions and acceptance of a 12” water main in Creek Drive north of E. St. Patrick Street, which will provide public water to 1808 and 1812 Creek Drive. This agreement is also for oversize cost reimbursement to Creek Drive LLC for water main improvements requested by the City to construct approximately 126 feet of additional 12” water main to provide water system looping to the area. The City contribution to the project will not exceed $115,000. The property owner will pay approximately $75,000.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
Water | Improvement |
Is Funding Budgeted?:
Budgeted