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I <br />DESCRIPTION AND CONDITIONS <br />Construction of the above mentioned project is complete. The delay in completion of the project was <br />due to the delivery of the Mast Arms. They are now installed and all lanes are open to traffic. <br />Attached is an itemized list ofthe overruns, underiuns and additional work required to complete the <br />project. These items will constitute change Order No. 3 and shall be the last change order for this <br />contract. <br />At this time the contractor is asking for a release of 5% of the retainage, the Engineering Division will <br />retain 5% of this contract until remedial work on the sod for the project has been completed. This <br />amount will more than cover the cost for this work. <br />Staff recommends approval of Change Order No. 3 in the amount of $60,591.20. This will increase <br />the contract amount of $1,204,889.30 to $1,265,480.50. Total Change Orders for this contract <br />amounts to approximately 4% of the original contract price. <br />We are receiving a refund of $21,395.04 from the FDOT for drainage work required by the IRFWCD <br />that was not performed during FDOT construction in 1997. <br />Funding for this project will come from Traffic Impact fees, District 6 and Developer's Agreement <br />with the Oslo Plaza ($150,000 plus sidewalk construction in the amount of $14,421.23) <br />ON MOTION by Commissioner Stanbridge, <br />SECONDED by Commissioner Adams, the Board <br />unanimously approved Change Order No. 3 in the <br />amount of $60,591.20, increasing the contract <br />amount to $1,265,480.50, as recommended by staff. <br />DOCUMENTATION IS ON FILE IN THE <br />OFFICE OF THE CLERK TO THE BOARD <br />SEPTEMBER 28, 1999 <br />-140- <br />