Loading...
HomeMy WebLinkAboutItem J ( ");,,i_1,5. 49 October 11, 1999 / •0 • STAFF REPORT To: Mayor and Members of the City Council Attention: Keith R. Till, City Manager From: Stephen G. Badum, Director of Public Works/City Engineer Subject: ACCEPTANCE OF SLURRY SEAL PROJECT, #674 SUMMARY OF REQUEST The proposed action will formally accept the completion of the construction contract to seal various streets by Asphalt Maintenance Company. DISCUSSION: In June 1999, Council elected to award a street sealing project to Asphalt Maintenance Company. In accordance with the plans and specifications, the Contractor has completed the above-referenced project. The breakdown of costs are: Original Contract Price $64,605.10 Contract Total $62,201.92 Authorized Payments to date - $55,981.73 10%Retention $6,220.19 This project was completed within the contract time and under budget. Sealing allows the City to stretch pavement rehabilitation funds and maintain a higher level of pavement quality. For every dollar spent maintaining existing roads the City can save 4-5 dollars to prevent more costly overlays and re-constructions. FISCAL IMPACT Funds were expended through the consolidation of the past two years slurry seal project within the City's Capital Improvement Program using gas tax funds. 1 Agenda Item ie Acceptance of Construction Contract City Council Staff Report October 11, 1999 1. By resolution, determine the work has been completed in accordance with the contract documents and declare the work to be accepted and the total amount of the contract is in the sum of $62,201.92. 2. Direct the City Clerk, within ten (10) days from the date of acceptance, file a "Notice of Completion"with the Orange County Recorder. 3. Direct City staff; upon expiration of thirty-five (35) days from the filing of the "Notice of Completion,to make he retention payment to Asphalt Maintenance Company in the . 0 , $6, e • P'4 P• ' D : /, REVIEWED // Do g , '. . 'tep o,- G. Badum, P.E., Director Asst. City Engineer Public Works Department 47EDNOTROVED: ,,,,e_k_, Keith R. Till City Manager Attachments:Notice of Completion 2 Agenda Item .