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A RESOLUTION
<br />APPROPRIATING FUNDS FOR
<br />THIRD STREET SE, MALL EXTENSION WORK AND WATER STREET TWO-WAY
<br />WHEREAS, this Council has previously approved the proposed construction work to make Water
<br />Street two-way and to extend the Mail south along Third Street, SE with certain street, sidewalk and
<br />related improvements; and
<br />WHEREAS, at a public hearing held on March 21, 1994, with notices duly advertised in the Daily
<br />Progress as required by §15.1-244 of the Code of Virginia, the Council heard comments from abutting
<br />property owners along Third Street, SE regarding such improvements; and
<br />WHEREAS, the Council has approved the proposed plans for making Water Street two-way and the
<br />extension of the Mall south along Third Street, SE to Water Street substantially in accord with the
<br />preliminary design suggestions made by the landscape and engineering firm of The Cox Company; as
<br />recommended by the Urban Design Committee, the Board of Architectural Review and the Planning
<br />Commission; and
<br />WHEREAS, the Council, on April 4, 1994, adopted an ordinance creating a special assessment
<br />district along Third Street, SE allowing for the abutting properties to be assessed up to $76,137.00 of
<br />the cost of the Third Street project along their frontages (not to exceed 50% of the total cost of those
<br />improvements); and
<br />WHEREAS, bid(s) have been received by the City in accordance with State procurement
<br />procedures and laws and a low bid has been accepted from R. E. Lee & Sons, Inc. of $73,923.00 for
<br />Water Street improvements and $232,089.00 for Third Street Mall extension improvements; now,
<br />therefore
<br />BE IT RESOLVED by the City Council of Charlottesville, Virginia, that the sums hereinafter set forth
<br />are hereby appropriated from Capital Improvements Program (CIP) funds to cover the cost of construction
<br />of both Water Street improvements and Third Street Mall extension; provided, however, that the City
<br />Manager is hereby allowed to cause funds to be transferred between and among such individual CIP
<br />accounts as circumstances may require prior to the actual assessment of abutting property owners for
<br />their share.
<br />Property
<br />Project Item
<br />Cily Share
<br />Owner's Share
<br />Totals
<br />Third St./Water St. Intersection (from bid)
<br />$32,500.00
<br />-0
<br />$32,500.00
<br />Cobble Fan Pavers from Water St. (from bid)
<br />$37,000.00
<br />-0
<br />$37,000.00
<br />Centel Vault, conduit and lines (from est.)
<br />$39,000.00
<br />-0
<br />$39,000.00
<br />Third St. Project Cost from Water St. to
<br />$86,452.00
<br />$76,137.00
<br />$162,589.00
<br />the Mall (from bid)
<br />(As Advertised)
<br />SUBTOTALS
<br />$194,952.00
<br />$76,137.00
<br />$271,089.00
<br />•
<br />(72%)
<br />(28%)
<br />(100%)
<br />Water Street Two -Way (from bid)
<br />$73,923.00
<br />-0-
<br />$73,923.00
<br />Contingencies & Testing
<br />$32,000.00
<br />-0-
<br />$32,000.00
<br />GRAND TOTAL
<br />$300,875.00
<br />$76,137.00
<br />$377,012.00
<br />Approved by Council
<br />F
<br />July 18, 1994
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<br />utty CoAnciL
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