DATE: October 2, 2024
TO:
- Pikes Peak Rural Transportation Authority (PPRTA) Board of Directors
- Pikes Peak Rural Transportation Authority Citizen Advisory Committee (CAC)
FROM: City of Colorado Springs – Gayle Sturdivant, PE, PMP, City Engineer/Deputy Public Works Director
SUBJECT: Powers Blvd Extension – SH83 to Voyager Pkwy Reimbursement Summary
In accordance with the Powers Boulevard Extension Reimbursement Agreement effective September 12, 2023, the City of Colorado Springs reviews and approves reimbursement statements submitted from the Copper Ridge Metropolitan District. The City has provided an approved reimbursement statement with detailed back-up to the PPRTA staff for the project record. The following table summarizes the future reimbursement by PPRTA to the Copper Ridge Metropolitan District for the subject project. Please note the City is anticipating to directly reimburse Colorado Springs Utilities for a portion of the gas and electric relocations caused by the project. These costs are not shown in the table below and are anticipated to be approximately $1.9M.
| Invoice Date | Vendor/ Contractor | Invoice Number | Invoice Total | Future PPRTA Reimbursement | CSU Reimbursement |
| 8/20/2024 | FHU | 41990 | $49,060.50 | $49,060.50 | |
| 8/21/2024 | FHU | 42087 | $37,128.50 | $37,128.50 | |
| 8/26/2024 | AECOM | 7 | $44,950.00 | $44,950.00 | |
| Totals for this Statement: | $131,139.00 | $131,139.00 | |||
| Previous Totals: | $8,863,902.27 | 7,848,229.19 | $1,015,673.08 | ||
| Totals: | $8,995,041.27 | $7,979,368.19 | $1,015,673.08 | ||