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ST8201-CN 880603GINN, INC. CONSULTING ENGINEERS June 3, 1988 Mr. Dave Snyder L.H. Lacy Company P.O. Box 541297 Dallas, TX 75354-1297 Re: Denton Tap Road Improvements from Belt Line Road to Sandy Lake Road You are hereby notified to commence work on the Denton Tap Road Improvements from Belt Line Road to Sandy Lake Road on or before June 15, 1988, and shall fully complete all of the work within 365 consecutive calendar days thereafter. Your completion date is June 14, 1989. The contract documents provide for an assessment in the sum of $1,000.00 per calendar day as liquidated damages for each consecutive calendar day after the above eetablished contract completion date that the work remains incomplete. Dated this ~ day of ~F , 1988. H. Wayn~/Ginn,/P. E. ACCEPTANCE OF NOTICE TO PROCEED Receipt of the foregoing Notice to Proceed order is hereby acknowledged by , this day of , 1988. By: Title: 17403 Pfeslon Road · ,Suite 100 · LB 118 · Dallas, Texas 75248 · Phone 214/248-4900 Please sign and return one copy for our files. any questions, please contact us. Should you have Sincerely, John C. Karlsruher, P.E. Project Engineer JCK/dsp cc: Mayor and Council Members Alan D. Ratliff, city Manager Steve Goram, Director of Public Works/ H. Wayne Ginn, P.E. Walter M. Ellison Randy Fleming From: Frank Trando, Finance Director 'De ..... ~ / puty c~y Manager Subject: Availability of Funds for Denton Tap Road Improvements On April 26, 1988 we awarded a construction contract to L.H. Lacy Co. in the amount of 5,191,943.03. The agenda request gave the impression that we were under budget by $1,938,867.00. I must remind you that it appeared that we were way under budget, but these funds are available to be used for redoing the railroad crossing, the Conoco Pipeline, street lighting, landscaping, traffic signalization, acquiring any right-of-way if necessary, engineering fees, inspection and testing fees, trench safety and contingency funds. For further information please refer to the attached proposed project budget for Denton Tap Road improvements which was provided by Ginn, Inc. on April 6, 1988. As you can see by the construction cost, which was budgeted at $5,305,067.73, and given the fact that we awarded the contract for $5,191,943.03, we do have a savings of $113,124.70. It is my belief that this money should not be spent until the road is actually completed because there may be change orders issued as this project progresses. Should you have further questions or coments, please do not hesitate to contact me. FT/lr attachment