Title
Resolution - A Resolution to Award a Contract to Cole Construction, Inc. in the Amount of $245,900 for the Construction of a Concrete Parking Lot Including Lighting at the Corner of Walnut and West Broad Street
Requested Action
Consider approving a resolution to award a contract to Cole Construction, Inc. in the amount of $245,900 for the construction of a concrete parking lot including lighting at the corner of Walnut and West Broad Street.
Recommendation
Approve the resolution to award a contract to Cole Construction, Inc.
Description/History
Per Council direction, staff bid the proposed parking lot located at the corner of Walnut Street and W. Broad Street, formerly the location of Geyer Drilling and an existing public parking lot (see attached location map). The City received three bids for the parking lot which includes 68 concrete parking spaces and lighting. The successful bidder appears to be Cole Construction, Inc.in the amount of $245,900. Landscaping and irrigation bids were higher than anticipated and staff is recommending that these not be awarded. Staff's intent is to work with other vendors to have this work done at a less expensive cost. The Mansfield Economic Development Corporation has agreed to fund up to $125,000 of the cost of these improvements with the balance of $120,900 being paid by the General Fund Unallocated Reserves. These funds (120,900) are eligible for reimbursement from the existing downtown TIRZ as funds become available. Anticipated start of construction will be the last part of August and should be complete by early November, 2014.
Justification
The proposed downtown parking lot addition will provide additional parking for tenants of downtown, to those who attend festivals and downtown events as well as provide renewed enhancement to the open lot in the way of pedestrian amenities, lighting and landscaping.
Funding Source
MEDC - $125,000
General Fund Unallocated Reserves - $120,900
Prepared By
James Fish, RLA, CPSI, Sr. Park Planner, Community Services
817-804-5794