Broken Arrow City Council
Meeting of: 12-01-2015
To: Mayor and City Council
From: Development Services Department
Title:
title
Approval of and authorization to execute Earth Change Pay Request Number 4 for Tri-Star Construction, LLC through the Vision 2025 Sales Tax Program in association with the Stoney Creek Hotel and Conference Center
End
Background:
Stoney Creek Hospitality Corporation is requesting partial payment of the Earth Change construction for Tri-Star Construction, LLC related to the Stoney Creek Hotel and Conference Center. The attached documents reference to Earth Change pay request number 4 from the Cowan Group Engineering, LLC.
City staff has reviewed the pay request and recommends approval. Payment will be through the Vision 2025 sales tax program. The draw amount is $307,856.76 and will be deducted from the contract bid amount of $1,815,033.50. With this draw, taking into account overruns due to the rock excavation, total draws to date is $1,973,749.06. The overrun will be deducted from the overall $5,550,000.00 available.
Cost: $307,856.76 (from Vision 2025 Funds for Earth Change Contract Bid amount of $1,815,033.50)
Prepared By: Michael Skates, P.E., CFM, Development Services Director
Reviewed By: Finance Department
Legal Department
Acting Assistant City Manager
Approved By: Michael L. Spurgeon, City Manager
Attachments: Earth Change Pay Request No. 4 Documents
Recommendation:
Approve Earth Change Pay Request Number 4 for Tri-Star Construction, LLC associated with the Stoney Creek Hotel and Conference Center.