January 11, 2016
Weekly Bridge Inspection – No change
Bids ◦ Bids were received and opened on December 18, 2015 ◦ Four Bids were submitted ◦ Low Bid = $16 $16,028,553.93 028 553 93 (A (A.M. M Cohron & Son, Son Inc Inc.)) Bids Range: $ 16,028,553.93 - $22,126,691.39 $4,000,000+ less than budgeted
R-O-W R OW ◦ All R-O-W has been acquired
Permits e ts ◦ UPRR has indicated the final agreement will be delivered by February 1, 2016 Lots of other work to do prior to being near RR
◦ All other permits have been received
Utility Relocation – No Change
Funding ◦ KDOT
◦ All utility companies have been contacted/provided plans and p p g made for relocations (2017) preparations being
KDOT is developing draft of No Interest Loan Agreement SNCO to determine exact amount of request Dependent upon Inter-local Agreement Finalization Appears Loan Funds available before July 1, 2016 Could C ld reduce/eliminate d / li i t temp t note t interest i t t costs t
◦ Inter-local Agreement: Still being Negotiated b C t A t ◦ W Wabaunsee County Agreement:
Completed and Executed on November 16, 2015 Shawnee County Contract No. C450-2015 Shawnee County: y 95.2747% of Project j Costs Wabaunsee County: 4.7253% of Project Costs
Funding Plan: $1.4M - Project Account Balance $1.5M – Sales Tax Rural Bridge 2016 Allotment $8.5M - KDOT Loan (Mar/Apr 2016) May be on a reimbursement basis $7M - Excess 2004 Sales Tax Funds (J (Jan 2017)) $900k – Wabaunsee County (2018) Sales Tax Extension Funds to Pay KDOT Loan 10-year 10 year Payback This plan provides for some construction contingency funds
Next Steps: N S ◦ Award Construction Contract to A.M. Cohron ◦ Award C.E. Services Contract to Finney & Turnipseed ◦ Finalize Inter-local Agreement ◦ Refine Cash Flow Schedule
Schedule: ◦ Begin Construction: January 25, 2016 Construction: December 22,, 2017 ◦ Complete p
Items off Note: I N ◦ First Task: Provide Reinforcement on Existing Bridge ◦ F&T will be sending representative to steel factory to verify testing and quality of structural steel components as it is being manufactured ◦ Cohron will likely request advance payment for materials on hand
KDOT Financial Advance
Sales Tax Extension County Bridge Allotment
Assistance in Expediting UPRR Agreement
Goal is a Dec 2015/Jan 2016 Bid
g in 2016 0 6 ◦ Provides C Construction Funding ◦ Prior to Current Sales Tax Excess Funds Availability ◦ Significantly reduces bonding costs ◦ $32.5M (includes $10M allotted for Willard Bridge) ◦ Provides reimbursement funds for KDOT Advance ◦ KDOT/Sen. Moran
i iin JJan/Feb /F b 2016 ◦ C Construction
Environmental Restrictions April 1st - August 31st
◦ Completion in Dec 2017