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HomeMy WebLinkAbout06 ACCEPT IMPRVMNTS & FILE NOC (CIP 4068) 07-17-07Agenda Item ~- -~~~ Reviewed: _ - 1 t AGENDA REPORT City Manager ~~ ~~ .~~~ Finance Director MEETING DATE: July 17, 2007 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION 6~ SUBJECT: ACCEPTANCE OF PUBLIC IMPROVEMENTS AND AUTHORIZATION TO FILE THE NOTICE OF COMPLETION FOR THE FIRST STREET/B STREET PEDESTRIAN ENHANCEMENTS (CIP NO. 4068) SUMMARY Construction of the First Street/B Street Pedestrian Enhancements (CIP No. 4068) has been completed to the satisfaction of the City Engineer and is now ready for City Council acceptance. RECOMMENDATION It is recommended that the City Council adopt Resolution No. 07-57 accepting the First Street/B Street Pedestrian Enhancements (CIP No. 4068) and authorizing the recordation of the Notice of Completion, and direct the City Clerk to: 1. Release the Labor and Materials Bond not sooner than thirty-five (35) days after the date of recordation of the Notice of Completion; and 2. 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 payment notices are filed, it is further recommended that thirty- five (35) days after the date of recordation of the Notice of Completion, the City Council authorize payment of the final 10% retention in the amount of $34,406.50 to Pouk & Steinle, Inc. The total final construction contract cost for the project, including contract change orders, is $344,064.97. FISCAL IMPACT The final construction contract cost for the First Street/B Street Pedestrian Enhancements (CIP No. 4068) is $344,064.97. The project was funded by a combination of City Capital Improvement Program (CIP) funds, a "Safe Route to School" Grant from the California Department of Transportation (Caltrans), and funds from AB2766 (Motor Vehicle Registration Subvention Fund). Acceptance of the First Street/B Street Pedestrian Enhancements (CIP No. 4068) July 17, 2007 Page 2 Project construction, along with design and construction management, has increased the City's infrastructure assets by $368,233.48. The increased infrastructure valuation will be added to the City's infrastructure inventory as required by Statement 34 of the Governmental Accounting Standards Board (GASB 34). Detailed cost information is shown on the attached GASB 34 Infrastructure Inventory Valuation Form. BACKGROUND AND DISCUSSION The construction of the First Street/B Street Pedestrian Enhancements (CIP No. 4068) was completed on June 21, 2007. Work consisted of installation of a traffic signal and underground interconnect conduit system for coordination purposes; construction of sidewalks and curb ramps; and reconstruction of a cross gutter to remove a severe "dip" and improve the drivability of the south approach of "B" Street at First Street. All of the work for this project has been completed to the satisfaction of the City Engineer and is now ready for City Council acceptance. Tim D. Serlet Director of Public Works/City Engineer di GZ'~~ Dana R. Kasd n Engineering Services Manager Attachments: Resolution No. 07-57 Location Exhibits GASB 34 Infrastructure Inventory Valuation Form S:\City Council Items\2007 Council Items\NOC First and B (CIP 4068) & Reso 07-57.doc RESOLUTION NO. 07-57 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ACCEPTING THE WORKS OF IMPROVEMENT AND AUTHORIZING THE RECORDATION OF THE NOTICE OF COMPLETION FOR THE CONSTRUCTION OF THE FIRST STREET/B STREET PEDESTRIAN ENHANCEMENTS (CIP NO. 4068) WHEREAS, Pouk & Steinle, Inc., having a contract with the City of Tustin to construct the hereinafter described public works 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 City Council of the City of Tustin; 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 works 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 works and improvement is found to be complete, and the same is hereby accepted. Said public works and improvement is more particularly described as follows: First Street/B Street Pedestrian Enhancements (CIP No. 4068) BE IT FURTHER RESOLVED that the City Engineer of the City of Tustin is hereby authorized to execute and file a Notice of Completion for the acceptance of said public works and improvement described herein as required by law. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 17t" day of July 2007. Lou Bone, Mayor ATTEST: City Clerk S:\City Council Items\2007 Council Items\NOC First and B (CIP 4068) & Reso 07-57.doc z 0 ~_ U 0 g a a J 4 U ~e~~ oNiwv~ ~~ 00 O d- 0 z ~_ U ~-- z w w U z Q z w z Q w 0 w w w m w w w Q z U w '^O ILL CITY OF TUSTIN GASB 34 INFRASTRUCTURE INVENTORY VALUATION FORM Department: Public Works Prepared by: Eric Loke Date Prepared: July 17, 2007 Division: Engineering Phone/Extension: ,714) 573-3175 Description of the Asset: First Street/B Street Pedestrian Enhancements (CIP No. 4068) Date: ^ Acquired ®Constructed ^ Removed: June 21, 2007 Basis of Valuation: (Please check one) ® Actual Cost (should include design, construction mgmt, fees, transportation, etc.) ^ Estimated Cost If Estimated Cost, describe the method used: Quantity: (Example: 35,000 SF of concrete sidewalk) Description Traffic Signal Pavement Sidewalk Curb & Gutter TOTAL Source of Document 1 Information: Actual Contract Cost Quantity Total Amount L.S. $268,804.27 732 S.F. $21,533.91 2,700 S.F. $37,414.41 191 L.F. $40,480.89 $368,233.48 Total Valuation Amount $368,233.48 S:\GASB\GASB -CIP 4068.doc