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El Salvador Park Basketball Court and Court Lighting Renovation and Riverview Park <br />Ballfield Sports Lighting Renovation <br />December 7, 2021 <br />Page 2 <br />2 <br />3 <br />1 <br />6 <br />under construction and additional improvements have been identified that surpass the <br />existing contingency of $74,800. To capitalize on the favorable pricing in upgrading the <br />lights to the handball court, upgrading electrical equipment, and additional materials <br />testing, staff recommends increasing the contract administration, inspection and testing <br />funds by $15,000 and the project contingency by $30,000 to complete the work and <br />deliver basketball court and ballfield sports lighting project. <br />The recommended action will increase the contract administration, inspection and testing <br />and project contingency by $45,000, thereby increasing the total estimated construction <br />delivery cost to $980,018, as indicated in the Cost Analysis (Exhibit 2) and as summarized <br />in the table below: <br /> <br />Project Item Current Total New Total <br />Construction Contract $748,014 $748,014 <br />Construction Administration, Inspection, <br />Testing <br />$112,204 $127,204 <br />Contingencies $74,800 $104,800 <br />TOTAL CONSTRUCTION DELIVERY COST $935,018 $980,018 <br /> <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Approval of the requested Appropriation Adjustment will recognize $45,000 of prior fund <br />balance in the Acquisition & Development-District 1 Fund, Prior Year Carry Forward <br />revenue account (No. 31113002-50001, and appropriating the same amount into the <br />Residential Development District 1 expenditure account (No. 31113260-66220). <br />Approval of the amendment to the FY 2021-22 Capital Improvement Program (Exhibit 3) <br />will officially incorporate these funds in the amount of $45,000 to the program. <br />The following table summarizes the funds budgeted for expenditure to deliver <br />construction of this project, including the additional funds noted above. <br /> <br />Fiscal <br />Year <br />Accounting Unit - <br />Account No. <br />(Project No.) <br />Fund <br />Description <br />Accounting Unit - <br />Account No. Description Amount <br />Revised Authorized Funds