Title
FY2022 Budget Amendment #2 - Approval
History
A detailed spreadsheet (by fund) reflecting budget adjustments is attached. This is the second budget amendment for FY2022.
Items/Contracts previously board approved
153rd / Ravinia Roundabout Engineering
At the January 4, 2022 COTW meeting, Village staff presented design and construction cost estimates for each of the three alternatives prepared by V3. The intersection is expected to experience an increase in traffic volume due to 2050 traffic projections and the eventual extension of Ravinia Avenue to La Grange Road (southeast of Costco). The 2050 traffic projections are prepared by the Chicago Metropolitan Agency for Planning (CMAP). Based on available data, experience at other locations, and consultant's/staff's engineering experience, a roundabout at this intersection would provide a long-term solution with improved traffic flow, reduced traffic delays, reduced congestion, reduced air pollution and improved pedestrian safety.
In June 2021, the Board approved V3's fee for Phase I preliminary engineering contract at $69,850 (based on using the existing intersection geometry). The initial Phase I fee for the roundabout estimated by V3 and discussed at the January 4, 2022 COTW meeting was $203,500. Village staff estimated the new contract total for the Phase I roundabout design at approximately $185,000. Staff was able to negotiate with V3 the Phase I fee for the roundabout at total contract value of $179,726.17, which includes the original $69,850. Therefore, this amendment would add an additional not-to-exceed amount of $109,876.17.
CPAC Slide Resurfacing
WhiteWater West Industries LTD submitted a proposal for CPAC Slide Resurfacing for $549,239.00 plus a contingency of $3,866.88, plus $15,741.44 for Performance and Payment Bonds, for a total not to exceed $568,847.32. The 2022 budget approved $175,000 for slide refinishing, $200,000 to be moved from Capital Project Fund to Recreation - Pool. The est...
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