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HomeMy WebLinkAbout1993-03-23 - AGENDA REPORTS - MAGIC MOUNTAIN PARKWAY (2)AGENDA REPORT CONSENT CALENDAR DATE: March 23, 1992 City Manager Approval � (/ Itqrn to be presented by: Anthony J. Nisich� G SUBJECT: MAGIC MOUNTAIN PARKWAY - VALENCIA BOULEVARD TO BOUQUET' CANYON ROAD (S.R. 126, PHASE V) PROJECT NO. 90-21 ADVERTISE FOR BIDS DEPARTMENT: Community Development This subject project consists of the widening of Magic Mountain Parkway from Valencia Boulevard to Bouquet Canyon Road and replacement of the bridge over the south fork of the Santa Clara River. The estimated total project cost for this multi-year project is approximately $9 million. On January 9, 1993, the State approved City/State Cooperative. Agreement No. 4078. Under the terms of this agreement, the State has agreed to reimburse the City up to $8.044 million for right-of-way and construction costs. In addition, Newhall Land and Farm has agreed to pay $1 million towards this project as partial satisfaction of conditions which were placed on the Valencia Town Center. The City received approval from Caltrans on February 17, 1993 that authorized the advertisement for bids. All other approvals have been obtained, except for L.A. County Flood Control. Staff believes that these unresolved Issues will be reconciled in time to support construction activities.. Plans and specifications for this project have been completed and are available for review in the offices of the City Clerk and the Director of Community Development. RECOMMENDATION Approve the plans and specifications for the project, and authorize the advertising for bids. P' 9 hds:mmpbid.rm