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DR9303-CS 960510 ~~~' --' ~ ~ P.O. Box "78 Coppell, Texas 75019 The City With A Beautiful Future 214.462.00:)2 May 10, 1996 Randy Locldaart Standard Pacific 106 Fountain Hills Garland, TX 75044 RE: Moore Road Drainage Project DR 93-03 Dear Mr. Lock. hart: The City of Coppell has again advertised the Moore Road Drainage Project for bid. Ten bids were received on May 2, 1996. The bids ranged from $316,908 to $515,197. With this letter I have included a Bid Tabulation which shows the apparent low bidder as M-Co Construction, Inc. out of North Richland Hills. In accordance with the Drainage and Escrow Agreement, the City is responsible for S130,000 of the total project cost and the owner is responsible for the balance. In 1993 there was an initial payment of $138,151.50. With interest that amount is now $151,833.57. Based on the bid submitted by M-Co Construction and the current value of the initial deposit, there is still a short fall of S35,074.43. To expedite this project, the City requests that a check in the amount of $35,074.43 be provided to the City no later than May 21, 1996 so that this project can be processed to Council for award on May 28, 1996. The City is negotiating a temporary construction easement to tie the drainage facilities into the existing lake at the southeast coruer of Moore Road and Parkway Blvd. If that easement cannot be secured during the week of May 13, 1996, then this project cannot go to Council to be awarded until June 11, 1996. If the project is delayed until June I1, then the $35,074.43 is not requh'ed to be paid until June 4, 1996. If you should have any questions concerning this project please feel free to contact me at your convenience. Sincerely, LJ~ Kehneth M. c/riffin, P.E. Assistant City Manager/City Engineer ~tafldard Pacific of T( - Is. Inc. ~J/%.~.,*r'¢6 ~4" 0270 *00 35,074.43 LTl Standard ~ific of Texas, Inc. :=1"= 552~ MACARTHUR BLVD.. SUITE 580. IRV!NG TEXAS 75038 ------ PHONE. i214) 550-0426 ! ' .' AMOUNT I ! ThE GENERAL O'J 0~: C.,.'l Y OF ,'_'OF'F'EL.L 5)9<?<? % /'~/_ .~_ '