TO:
Honorable Mayor and Members of the City Council
THROUGH:
Mark Danaj, City Manager
FROM:
Tony Olmos, Public Works Director
Joe Parco, City Engineer
Gilbert Gamboa, Senior Civil Engineer
SUBJECT:Title
Final Payment in the Net Amount of $53,523.92 to Bannaoun Engineers Constructors Corporation; Formally Accept the Street Resurfacing Project for Ardmore Avenue, Valley Drive and 11th Place as Complete; and Authorize Filing of the Appropriate Notice of Completion and Release Retention in the Amount of $32,753.08 (Public Works Director Olmos).
APPROVE
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Recommended Action
RECOMMENDATION:
Staff recommends that the City Council authorize the City Manager to:
1. Approve the issuance of a final payment in the net amount of $53,523.92 to Bannaoun Engineers Constructors Corporation; for the Street Resurfacing Project for Ardmore Avenue, Valley Drive and 11th Place;
2. Formally accept the Street Resurfacing Project for Ardmore Avenue, Valley Drive and 11th Place as complete; and,
3. Authorize filing of the appropriate Notice of Completion and the release of retention in the amount of $32,753.08.
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FISCAL IMPLICATIONS:
Gas Tax funds in the amount of $582,696 have been appropriated by City Council for this project through the Fiscal Year 2011-2012 Capital Improvement budget, as well as Metropolitan Transportation Authority (MTA) STP-L funds in the amount of $117,304. The 2012-2013 Capital Improvement Program has added an additional $200,000 in Gas Tax funds to the project, bringing the total to $900,000. Total expenditures for the subject project are $875,169. A summary of budget appropriations and expenditures is provided in Attachment 1.
BACKGROUND:
The existing pavement on Ardmore Avenue, Valley Drive and 11th Place was deteriorated and rehabilitation was required within the project limits as shown in Attachment 2. The project cold milled and overlaid the asphalt pav...
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