HomeMy WebLinkAboutRDA NOC VAR PROJ'S 06-19-95RDA NO. 4
AGEN
6-19-95
DATE:
JUNE 12, 1995
Inter-Com
WILLIAM A. HUSTON, EXECUTIVE DIRECTOR
/O:
PUBLIC WORKS DEPARTMENT/COMMUNITY DEVELOPMENT DEPARTMENT
FROM:
ACCEPTANCE OF IMPROVEMENTS AND AUTHORIZING RECORDATION OF
SUSJEC~ "NOTICE OF COMPLETION" FOR THE COLUMBUS TUSTIN GYMNASIUM PROJECT
NO. 590-400-9999-9530-400029.
RECOMMENDATION
It is recommended that the City Council, at their meeting of June 19,
1995, adopt the attached resolution accepting the works of improvement
and repair and authorizing the recordation of the Notice of Completion
and direct the City Clerk to:
i ·
Release the Labor and Materials Payment Bond not sooner than
thirty-five ~(35) 'days after the date of recordation of the
Notice of Completion; and
·
Release the Faithful Performance Bond not sooner than one year
after the date of recordation of the Notice of Completion, and
Assuming no claims or stop notices are filed, it is further
recommended that 35 days after the date of the recordation of the
Notice of Completion, the City Council authorize payment of the final
retention amount of $10,000.00. This amount together with the
previous payments of $1,777,754.78 represents 100% of the final
contract amount of $1,787,754.78.
FISCAL IMPACT
The final construction contract cost for this project is
$1,787,754.78, which was fully budgeted and funded by the Tustin
Community Redevelopment Agency.
BACKGROUND
This project consisted of the construction of a new 16,000 square foot
gymnasium with the existing Columbus Tustin Park site. With the
completion of the new gym, the Redevelopment Agency completes the
overall improvements for Columbus Tustin Park which began in 1991.
Ail work on the subject' project has been completed to the satisfaction
of the Engineering Division and Building Department. The final contract
amount of $1,787,755 represents an increase of 9.7% from the original
contract bid amount of $1,629,900.00, and is within the overall
construction budget of $1,790,900.00.
Tim D. Serlet
Director of Public Works/
City Engineer
Rick Brown
Building Official
Christine Shingleto~J
Assistant City Manager
Ed Elowe
Project Manager
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