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HomeMy WebLinkAboutURA RES 2021-24 tT111 RESOL .) ON NO. APPROVE RESOIXTION RATIFYING THE PAYMENT FOR. THE CONSTRUCTION OF THE JOINT TRENCH SYSTEM THROUGHOI)ITTHE NORTH RANCH DEVELOPMENT BY IDAHO POWER COMPANY FOR THE AMOUNT OF$366,408.00 THEREFORE BE IT HEREBY RESOLVED by the Caldwell I-Jrban lZenewal Agency, Idaho, that the Commission ratifies the expenditure as hereto attached. PASSED AND APPROVED BY THE CALDWELL URBAN RENEWAL AGENCY, Idaho this 9'h day of August, 202 1. Approved, is Rob hopper URA Chairman ATTEST: (Off A 10 (A A Secretary % ile 00 0000 -,so , * 4 086 lost$$ MEMORANDUM Meeting ate August 9, 2 2 AGENDA IT INFORMATION _ _ --------- .: _ _._...... Ratify payment to Idaho Power Company fir the installation D , ,t�,zc�nt acl�raaittrzes�x r" Initials of the.joint trench_ system within the North Ranch ra2�rrdc development. Building De artinent • C;DBG Clerk City Attornev Finance De 7artrnent Hurnan Resources Planning c Fire Department-____-, Police Department .......... Public Works Street Dement Water Department _..W ......_...WT.._.............._......._......._......................_..........................._.........._............................__.................. ....................... I3ngineerin, X Mapping C'OS?'_MPACT.• $366,408.00 Parks and Recreation T'U1VD1iVts Airport SOURCE. Cnf6miation Systems ThVF1 AIF,: Immediate Golf Course _ OTJ IER: 0 As past of the Cityi'URA agreement with BVA North Ranch LLC the City/URA is obligated to provide a joint trench system throughout the North Ranch Development. Idaho Power Company oversees desigan and installation of said system and has issued a quote for this work in the total amount out$366,408.00. Payment � is required to be made prior to installation. REC'O11 ME1' DES ACTION. Staff recommends URA approve the attached resolution and ratifies said payment. IDAHO CUSTOMER COST QUOTE Customer or Project Name:NORTH RANCH BUSINESS PARK-SMEED PKW&HWY 20/26-JT- Construction Costs Line Installation Costs 1. Line Installation/Upjrade Charge $341,561 2. Customer Credits A (Betterment,Metering,Salvage) $0 3. Customer Performed Construction Work Credit $0 4. Net Line Installation Cost $341,561 Unusual Conditions 5. Unusual Conditions $23,036 6. Unusual Conditions Bank Letter of Credit (Only for over$10,000) $0 7. Net Unusual Conditions $23,036 Terminal Facilities Costs 8. Terminal Facilities $0 9. Terminal Facilities Allowances $0 10.Terminal Facilities Salvage $0 11. Net Terminal Facilities Cost $0 12. Underground Service and Attachment Charges $0 13. Engineering Charge $0 14. Permits $0 15. Relocation or Removal $1,811 16. Miscellaneous Charges/Adjustments $0 17. Net Construction Costs (Line Items 4,7,11,12,13,14, 15,16) $366,408 18. Prepaid Charges (Engineering,Permits&Right-of-Way) $3,588 19. Vested Interest C rge $0 20. Customer Payment Due Prior to Construction Scheduling $366,408 This cost may not include all construction costs,see page 3 if additional service charges apply. Notes: Notice:This Customer Cost Quote shall be binding on both Idaho Power Company("Idaho Power")and Customer for a period of 60 days from the quoted date indicated below,subject to changes in information provided by the Customer or changes in Idaho Power's ability to obtain satisfactory rights-of-way or to comply with governmental regulations, including but not limited to the rules, regulations,and tariffs of the Idaho Public Utilities Commission("IPUC")and the Public Utility Commission of Oregon("OPUC"). Customer must make payment of the quoted amount not less than(30)days prior to the start of the construction work set forth in this agreement("Work").However,Idaho Power does not represent or warrant that the Work will commence within 30 days of receipt of payment.The start of the Work is subject to Idaho Power's ability to obtain the necessary labor,materials and equipment. .T. , $ ruice ftett@St r,umkreriustL9#a3et A. rvaurltfrnoT 1NNttrlc Ctrr1# Uflhet ;'. bona a