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HomeMy WebLinkAbout181-90RESOLUTION NO. 181-90 APPROVING APPROPRIATION OF FUNDING FOR NERIAD MISCELLANEOUS COSTS, AND GREEN VALLEY DESIGN CONTINGENCY WHEREAS, the Town Council has previously approved the formation of the Northeast Roadway Improvement Assessment District; and WHEREAS, bonds have been sold and Cost of Issuance funds are needed as outlined in the Engineer's Report; and WHEREAS, the Town Council has previously approved a contract with Santina & Thompson, Inc. for the design of the Green Valley Road Improvement Project which is included in the Engineer's Report for the Northeast Roadway Improvement Assessment District; and WHEREAS, a design contingency amount was not included in such contract approval action; and WHEREAS, the City Engineer has recommended the appropriation of $22,125.00 for contingencies in connection with such design contract, and such amount is available in the contingency account of the Northeast Roadway Improvement Assessment District; now, therefore BE IT RESOLVED, by the Town Council of the Town of Danville, that appropriation be made in the amount of $271,109.00 for NERIAD Cost of Issuance and $22,125.00 for a design contingency for the Green Valley Road Improvement Project. PASSED, APPROVED AND ADOPTED this 4th day of September, 1990 by the following vote: AYES: GREENBERG, LANE, RITCHEY, SCHLENDORF, SHIMANSKY NOES: NONE ABSTAIN: NONE ABSENT: NONE ATTEST: APPROVED AS TO FORM: CdfTY ATTORNEY