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HomeMy WebLinkAboutCC 5 TRAFFIC SIG IMPRO 10-15-90DATE: TO: FROM: OCTOBER 9, 1990 WILLIAM A. HUSTON, CITY MANAGER PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION CONSENT CALENDAR NO. 10-15-90 Inter - Com SUBJECT: FINAL ACCEPTANCE OF TRAFFIC SIGNAL IMPROVEMENTS AT MAIN AND STONEGLASS, MAIN AND EL CAMINO REAL AND WALNUT AND FRANKLIN RECOMMENDATION: It is recommended that City Council, at their meeting of October 15, 1990, adopt the attached resolution accepting said work authorizing the recordation of the Notice of Completion. Assuming no claims or stop payment notices are filed, it is further recommended that 35 days after the date of recordation of the Notice of Completion, that the Council authorize staff to order the escrow agent, California Republic Bank in Bakersfield, to release payment of the final 10% retention payment of $15,741.03. This amount together with previous payments of $141,669.30 represents 100% of the final contract amount. BACKGROUND: On February 20, 1990, the City Council awarded the contract to Intersection Maintenance Service (IMS) in the amount of $145,000.00. This project encompassed the construction of traffic signal improvements as follows: 1. New traffic signal and safety lighting installation at Main Street and Stoneglass. 2. Modification to the existing traffic signal at Main Street and El Camino Real to provide protected left -turn movements in all directions. 3. Modification to the existing traffic signal at Walnut Avenue and Franklin Avenue to provide protected left -turn movements from Walnut Avenue to Franklin Avenue. The contractor (IMS) previously requested an escrow account be set up with California Republic Bank in Bakersfield, as a substitute for the retention earnings required to be withheld by the City pursuant to the construction contract entered into between the City and the Contractor. These retention monies amount to 10% of the total monies earned by the Contractor for the duration of the contract. On July 2, 1990, the City Council approved the "Escrow Agreement for Escrow Deposits in Lieu of Retention" and authorized the Mayor to execute said agreement. All work has been completed to the satisfaction of the Engineering Division. The final contract amount is $157,410.33, which includes two change orders in the amount of $12,410.33, in addition to the original contract of $145,000.00. Bob Ledendec er Director Public Works/City Engineer BL: JC: ccg Jeff Chen Transportation Engineer 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2E 2E 2'j 2F RESOULTION NO. 90-135 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA ACCEPTING WORKS OF IMPROVEMENT AND AUTHORIZING RECORDATION OF NOTICE OF COMPLETION FOR CONSTRUCTION OF TRAFFIC SIGNAL IMPROVEMENTS AT MAIN STREET AND STONEGLASS, MAIN STREET AND EL CAMINO REAL, AND WALNUT AVENUE AND FRANKLIN AVENUE. WHEREAS, Intersection Maintenance Service, having a contract with the City of Tustin to construct the hereinafter described public works and improvements; and WHEREAS, the City Council finds that said contractor has completed said public improvement hereinafter more particularly described in accordance with the provisions of the contract documents and the notice of completion, and acceptance of said public work and improvement should be filed and payment of the balance due said contract authorized in accordance with the contract documents. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Tustin that said public work and improvement be, and the same is hereby accepted. Said public work and improvement is more particularly described as follows: 1. New traffic signal and safety lighting installation of Main Street and Stoneglass. 2. Modification to the existing traffic signal at Main Street and E1 Camino Real to provide protected left -turn movements in all directions. 3. Modifications to the existing traffic signal at Walnut Avenue and Franklin Avenue to provide protected left -turn movements from Walnut Avenue to Franklin Avenue. AND BE IT FURTHER RESOLVED that the City Engineer of the City of Tustin be and is hereby authorized to execute and file a notice of completion and acceptance of said public work and improvement described herein as required by law. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin on the 15th day of October, 1990. ATTEST: City Clerk Mayor