HomeMy WebLinkAboutItem 05 Approval to Authorize Additional Funds to Provide Close-out of the Clarke Road Widening Project
City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761
Phone: (407) 905-3100 ▪ www.ocoee.org
STAFF REPORT
Meeting Date: August 5, 2025
Item #: 5
Contact Name: Milen Womack Department Director: Stephen Krug
Contact Number: Ext. 6013 City Manager: Craig Shadrix
Subject: Approval to Authorize Additional Funds to Provide Close-out of the Clarke Road
Widening Project. (City Engineer Womack)
Background Summary:
The Clarke Road Widening Project was completed in April of 2025. The funding required for the final close-
out of this construction project is $123,177.54. The construction costs are paid to the contractor, Lennar,
through an escrow account administered by the City Attorney. Public works is requesting the remaining costs
to be transferred to the project escrow account from the road improvement bond. Public Works recommends
approval of the transfer of funds to complete the final payment of retainage for the Clarke Road Widening
Project.
Issue:
Should the Honorable Mayor and City Commissioners authorize the reallocation of available Roadway
Improvement Bond Funds to the project escrow account to complete the Widening of Clarke Road?
Recommendations:
Staff recommends the Honorable Mayor and City Commissioners authorize the reallocation of $123,177.54 to
the Clarke Road Widening escrow account from the Roadway Improvement Bond Funds to close-out the
Widening of Clarke Road.
Attachments:
None
Financial Impacts:
$123,177.54 is adequately funded from the Roadway Improvement Bond.
Type of Item: Consent