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HomeMy WebLinkAboutRDA EXTEN NEWPORT 01-21-80DATE: JANUARY 15, 1980 REDEVELOPMENT AGENCY No. 4 1-21-80 . Inter-Corn TO: DAN BLANKENSHIP, EXECUTIVE DIRECTOR, COMMUNITY REDEVELOPMENT AGENCY FROM: DALE A. WICK, ASSISTANT CITY ENGINEER SUBJECT: 6TH STREET EXTENSION TO NEWPORT AVENUE Subject project has been completed by Sully-Miller Contracting Company and the Engineering Department is well satisfied with the quality of the work. The preliminary contract amount based on estimated quantities was $133,059.53. The final contract amount based on "as constructed" quantities is $138,541.60, for an overrun on the project of $5,482.07 or 4.1%. The Community Redevelop- ment Agency's share of the final amount is $74,563.21, and the developer's share is $63,978.39. Attached is the Resolution for the Community Redevelopment Agency's acceptance of the work and authorization for recordation of the Notice of Completion. It is recommended that the Community Redevelopment Agency, at its meeting of January 21, 1980, adopt the attached Resolution accepting said work and auth- orizing filing of the Notice of Completion. Assumin~ that no claims or stop payment notices are filed within 30 days of the date of recordation of the Notice of Completion, it is further recommended that the Agency authorize payment of the final 10% retention ($13,854.16) at that time. This amount together with previous payments of $124,687.44, represents 100% of the final contract amount. DALE A. WICK Assistant City Engineer DAW:rvm Attachments CC: City Clerk City Attorney Finance Director Hugh West 1 5 6 ? 8 9 10 !1 15 16 25 ~? RESOLUTION NO. RDA 80-1 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN ACCEPTING WORKS OF IMPROVEMENT AND AUTHORIZING RECORDATION OF NOTICE OF COMPLETION. WHEREAS, Sully-Miller Contracting Company, having a contract with the Community Redevelopment Agency of the City of Tustin to construct the here- in after described public work and improvement; and WHEREAS, the City Engineer has duly certified to the construction and completion of said public improvement hereinafter mentioned in a manner satisfactory to the Redevelopment Agency of the City of Tustin; and WHEREAS, the Redevelopment Agency finds that said contractor has com- pleted 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 contractor authorized in accord- ance with the contract documents. NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency 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 partic- ularly described as follows: Construction of Sixth Street Extension to Newport 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 Comple- tion and acceptance of said public work and improvement described herein as required by law. PASSED AND ADOPTED at a regular meeting of the Community Redevelopment Agency of the City of Tustin on , 1980. CHAIRMAN ATTEST: SECRETARY