Willard Bridge Presentation 1/11/2016

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