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HomeMy WebLinkAboutTR-69-96 ADDENDUM THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON REPORT i Meeting: COUNCIL File# `G L Date: August 12, 1996 Res. # By-Law# j Rep®rt#:—. END. REP6fr-TR=�9-96 Subject: TENDER CL96-11, RECONSTRUCTION OF HIGHWAY #2, GREEN ROAD, EXTENSION OF UPTOWN AVENUE Recommendations: It is respectfully recommended to Council the following: 1. THAT the Addendum to Report TR-69-96 be received; 2. THAT recommendation #6 in Report TR-69-96 be deleted; 3. THAT signing of the contract be conditional upon receipt of the budgeted contributions from the developers, per ADMIN-14-95; 4. THAT the funding for the extra works requested by the developers be in place prior to the commencement of those works or the works will be deleted from the contract; and 5. THAT signing of the contract also be conditional to receiving written confirmation from the successful contractor that potential deletion of the extra works will not invalidate their tender submission or the unit prices submitted. BACKGROUND AND COMMENTS: 1.0 Subsequent to the preparation of Report TR-69-96, significant discussions have taken place with Markborough Properties Inc. Markborough Properties Inc. has indicated that they agreed with the works as identified on both Schedule "D" and TO of Report TR-69-96, but they are not able at this time to proceed with the extra works related to their development. 1.1 Markborough Properties Inc. has indicated their intention to provide a Letter of Credit to the Municipality of Clarington in the amount of $400,000.00 to fulfil their obligations agreed to in Report Admin-14-95 and the Addendum to Report Admin-14-95. The tender contract will not be signed until this Letter of Credit is received by the Municipality, in a form satisfactory to the Municipality's Treasurer. PAPER RECY'CLRE IH5B FILMED ON REGYG DPAPER Addendum Report TR-69-96 Page 2 1.2 Markborough Properties Inc. has identified the extra works totalling $469,799.00 (including G.S.T.), as identified in Schedule "E" to Report TR-69-96, to be included in Tender CL96-11. The extra works will not commence until the financing is received by the Municipality in a form satisfactory to the Municipality's Treasurer or will be subsequently be deleted from the contract. 1.3 The Region of Durham has reviewed the water and sewer extra works at the Markborough Properties Inc. development and has indicated that they are assuming responsibility for a small portion of the extra works in order to achieve cost efficiencies. These extra works will be approved by the Region of Durham prior to commencement of the extra works in order to verify Regional financing and they will be invoiced accordingly. 1.4 Wilsonia has deposited with the Municipality a Letter of Credit in the amount of $250,000.00 to fulfil their obligation under Report Admin-14-95. 1.5 Wilsonia has also requested extra works totalling $110,730.00 as outlined in Schedule "D" and "E" in Report TR-69-96. The works will not commence until the financing is received by the Municipality in a form satisfactory to the Municipality's Treasurer. Respectfully submitted, Reviewed by, Marie A. arano, Sc., A.M.C.T., W.H. Stockwell, Treasurer. Chief Administrative Officer. Stephen A. Vokes. P.Eng., Director of Public Works. NT/SAV/AC/hjl