Recommendation:
THAT Report No. TPW-2022-0016, dated May 24, 2022, regarding Award of Tender T-013-22 for Signals and Intersection Reconstruction at Guelph Street (Hwy 7) and Sinclair Avenue, Georgetown, be received;
AND FURTHER THAT Drexler Construction Limited, 5274 Wellington Road 27, Rockwood, N0B 2K0, Ontario, be awarded Tender T-013-22, Signals and Intersection Reconstruction at Guelph Street (Hwy 7) and Sinclair Avenue, Georgetown, at a total amount of $1,258,000.00 (plus applicable taxes);
AND FURTHER THAT the project budget for 6200-16-1809 be increased by $556,000 from $1,126,500 to $1,682,500;
AND FURTHER THAT the project 6200-16-1809 be refinanced as set out in Report TPW-2022-0016, in order to incorporate $719,850 of Connecting Links Funding approved by the Ministry of Transportation and to finance the additional funding requirement ($556,000);
AND FURTHER THAT Council authorizes the Mayor and Town Clerk to execute the necessary Contract Documents for this project;
AND FURTHER THAT Council authorizes the Mayor and Town Clerk to execute a contribution agreement with the Ministry of Transportation for the Connecting Links Funding Program outlined in report TPW-2022-0016.