Issue Sheet_20250217 Camp Highland Bridge budget amendment
Open official source ↗ · Source page 1
Agenda Date: 2/17/25 City of Smyrna Issue Sheet File Number: ATH2025-032 A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 In Control: City Council.File Type: Authorization Agenda Section: Formal Business Department: Public Works Agenda Title: Authorization to amend the 2022 SPLOST Fund project length budget to increase the Camp Highland Bridge project in the amount of $94,200.00 to $1,594,200.00 to meet the cost share agreement based on the Intergovernmental Agreement with Cobb County approved by the City of Smyrna on June 17, 2024, adopt the amended IGA with the same and authorize the Mayor to sign and execute all related documents. Ward 7 – Councilmember Ricky Oglesby ISSUE AND BACKGROUND: Following the approval of the Intergovernmental agreement to share costs associated with the Camp Highland Bridge bank stabilization, Cobb County solicited bids to perform the work. The lowest reliable bid received exceeded the estimated construction costs, and Cobb County and the Contractor agreed on a scope reduction that resulted in a revised construction cost of $3,145,107.77. In keeping with the intent of sharing the costs for the project, the City and the County amount will be $1,572,553.88. The Intergovernmental Agreement also stipulates that the cost for engineering and design services related to the project in the amount of $41,730.00 would be cost shared 50/50 between Cobb County and the City. To meet this, an additional $94,200.00 needs to be added to the allocation for the project in the 2022 SPLOST, for a rounded total budget of $1,594,200.00. RECOMMENDATION / REQUESTED ACTION: Finance and Administration staff authorization to amend the 2022 SPLOST Fund project length budget to increase the Camp Highland Bridge project in the amount of $94,200.00 to $1,594,200.00 to meet the cost share agreement based on the Intergovernmental Agreement with Cobb County approved by the City of Smyrna on June 17, 2024, adopt the amended IGA with the same and authorize the Mayor to sign and execute all related documents.