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HomeMy WebLinkAboutRESOLUTION 73-25RESOLUTION 73-25 CONDITIONALLY APPROVING A CONSTRUCTION CONTRACT PLUS CONTINGENCY WITH THE LOW BIDDER FOR THE CONSTRUCTION OF THE SPRUCE KNOB AND CARRIAGE HILLS WATER SYSTEMS IMPROVEMENT PROJECT WHEREAS, the Town Board wishes to enter into a construction contract referenced in the title of this resolution for the purposes of replacing the water lines in Spruce Knob (Joel Estes) and a portion of Carriage Hills; and WHEREAS, the cost of the project and the grant and principal forgiveness shall be allocated as defined in the Voluntary Water Service Agreement; and WHEREAS, the Utilities Director is authorized to sign, without additional Board action, change orders that total up to but do not exceed twenty percent of the construction contract value. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: The Board approves and authorizes the Mayor to sign the construction contract referenced in the title of this resolution in substantially the form now before the Board, on the condition that the loan and principal forgiveness are closed with the Colorado Water Resources and Power Development Authority and including the contractors bid plus twenty percent contingency that can be authorized through the change order process and approved by the Utilities Director. DATED this 8IH day of JULY, 2025. TOWN OF ESTESPARK Mayor ATTEST: ^^<^_^V~. -_» ^-^J^^-^_S2_^-«<-^^^...^_^. To^ Clerk APPROVED AS TO FORM: a.u^ Counsel