Agenda - 04-04-1994-IX-D - Laserfiche WebLink

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4• 1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda ACTION AGENDA ITEM ABSTRACT Item No.L=-L-p Meeting Date: April 4, 1994 SUBJECT: Bid Award - Magnolia Place Housing Development Program ------------------------------- ---------------------------------- DEPARTMENT: Housing/Comm. Dev. PUBLIC HEARING YES: NO: x ------------------------------- ---------------------------------- ATTACHMENT(S) : INFORMATION CONTACT: Tara L. Fikes TELEPHONE NUMBER- Hillsborough - 732-8181 Chapel Hill - 968-4501 Mebane - 227-2031 Durham - 688-7331 ----------------------------------------------------------------------- PURPOSE: To award the bid for public facilities improvements related to the proposed Magnolia Place subdivision to the lowest responsible bidder and authorize the Chair to execute a contract for this work upon review by the County Attorney and the County Purchasing and Central Services Director. BACKGROUND: In February 1994, the County received a Community Development Block Grant award of $250,000 to finance the public facilities improvements (water/sewer, streets) for the Magnolia Place subdivision. This 42 unit development is being sponsored by the Orange Community Housing Corporation and Development Resources, Inc. . Bids for this work were initially received from three contractors on March 17, 1994. However, one bid could not be accepted because it was submitted without the bid bond, therefore, there was a re-advertisement for bids and a second bid opening was held on April 4, 1994. A summary of the bids will be presented at tonight's meeting. All bids will be reviewed by the County Engineer; the County Purchasing and Central Services Director and the Housing/Community Development Director. Based on preliminary estimates, it is anticipated that the cost for this work will exceed the $247,050 available in CDBG funds. Therefore, the developers have agreed to deposit with the County the difference between the contract price and the available CDBG funds prior to contract execution. RECOMMENDATION(S) : The Manager recommends awarding the bid for public facilities improvements related to the proposed Magnolia Place subdivision to the lowest responsible bidder as presented tonight and authorize the Chair to execute a contract for this work upon review by the County Attorney and the County Purchasing and Central Services Director.