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itimmma 704/1"--k2 <br /> Ciy Commission <br /> yJN" I$e City of Sunny Isles Beach Norman S.Edeleup,Mayor <br /> Lewis J.Thaler,Hee slayer <br /> o :11111‘ <br /> _ ee, 18070 Collins Avenue Rosin Breen.Commissioner <br /> n Sunny Isles Beach, Florida 33160 Gerry Goodman,Commissioner <br /> t <br /> x Danny Iglesias,Commissioner <br /> X3 ) <br /> X30505) 949-31947-060613 City Fox Hall Christopher J.Russo,City Manager <br /> WHans Minot,City Attorney. <br /> X305) 947-2150 Building Department Jane A.Hines,City Clerk <br /> or :e l (305) 947-5107 Fax <br /> MEMORANDUM <br /> TO: The Honorable City Commission <br /> FROM: Christopher J. Russo,City Manager 4'q <br /> DATE: September 8, 2005 <br /> F <br /> RE: <br /> OFT SUNNY ISLES YING THE EBEACHIANDN O SILTEK CITY <br /> GROUP INC. FOR THE 181" <br /> DRIVE ACTIVE PARK PROJECT. <br /> RECOMMENDATION <br /> Ratifying the execution of an agreement between the City of Sunny Isles Beach and Siltek Group <br /> Inc., for the construction of the 181" Drive Active Park Project. <br /> REASONS <br /> The attached resolution ratifies the agreement entered into between the City of Sunny Isles <br /> Beach and Siltek Group Inc., for the construction of the 181" Drive Active Park. Based upon <br /> negotiations,the agreement has the following additional provisions: <br /> a. The procedure for the City to maintain the ten percent(10%) retainage throughout the <br /> construction of the park and its facilities. <br /> b. The procedure for the City to directly purchase materials for the project. <br /> c. Clarifications regarding the insurance requirements. <br /> ADDITIONAL INFORMATION <br /> Siltek Group, Inc. has agreed to undertake this project in the amount of Seven Million One <br /> Hundred Fifty-Four Thousand Three Hundred Dollars and Five Cents ($7,154,303.05). The <br /> agreement was substantially approved by the City Commission pursuant to Resolution No. 2005- <br /> 814 and provided the City Manager with the authority to do all things necessary to effectuate the <br /> terms of the agreement. <br /> CJR/iw <br /> Agenda Item <br /> Ratifying Execution of %gmccment hnwccn SIB and S.1¢1(roup Agenda Memo Date <br />