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Home My WebLink About10 OLD TOWN DIST SIGNS 02-06-06AGENDA REPORT MEETING DATE: FEBRUARY 6, 2006 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING SUBJECT: ACCEPTANCE OF PUBLIC IMPROVEMENTS AND AUTHORIZATION TO FILE THE NOTICE OF COMPLETION FOR THE OLD TOWN TUSTIN COMMERCIAL DISTRICT SIGN PROGRAM (CIP NO. 4065) SUMMARY Construction of the Old Town Tustin Commercial District Sign Program (CIP No. 4065) 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. 06-15 accepting the Old Town Tustin Commercial District Sign Program (CIP No. 4065), 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 $24,667.00 to Bravo Sign & Design, Inc. The total final construction contract cost for the project is $246,670.00. FISCAL IMPACT The final construction contract cost for the Old Town Tustin Commercial District Sign Program is $246,670.00. The project was funded by Community Development Block Grant (CDBG) funds and Measure "M" Turnback funds. Project construction, along with design and construction management, has increased the City's infrastructure assets by $247,540.26. The increased infrastructure valuation will be added to the City's infrastructure inventory as required by Statement 34 of the Govemmental Accounting Standards Board (GASB 34). Detailed cost information is shown on the attached GASB 34 Infrastructure Inventory Valuation Form. Acceptance of Public Improvements and Authorization to File the Notice of Completion for the Old Town Tustin Commercial District Sign Program (CIP No. 4065) February 6, 2006 Page 2 BACKGROUND AND DISCUSSION The Old Town Tustin Commercial District Sign Program (CIP No. 4065) was completed on December 15, 2005. This project provided for the fabrication and installation of various information, parking and directional signs within the vicinity of the Old Town Commercial District. The signs were designed to provide information and guidance to attract the public to Old Town Tustin. They were installed within the area bordered by the 1-5 Freeway, SR-55 Freeway, Seventeenth Street, and Browning Avenue. 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. Director of Public Works/City Engineer Dana R. Kasdan Engineering Services Manager Attachments: Resolution No. 06-15 Location Exhibit GASa 34 Infrastructure Inventory Valuation Form S:\City Councilltems\2006 Councilltems\NOC Old Town Tustin Commercial District Sign Program & Raso 06-15.doc RESOLUTION NO. 06-15 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 OLD TOWN TUSTIN COMMERCIAL DISTRICT SIGN PROGRAM (CIP NO. 4065) WHEREAS, Bravo Sign & Design, 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 improvemE:nt is found to be complete, and the same is hereby accepted. Said public works and improvement is more particularly described as follows: Old Town Tustin Commercial District Sign Program (CIP No. 4065) 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 6th day of February 2006. Mayor ATTEST: City Clerk S:\City Councilltems\2006 Councilltems\NOC Oid Town Tustin Commercial District Sign Program & Reso 06-15.doc RECORDING REQUESTED BY & WHEN RECORDED MAIL TO: City ofTustin/City Clerk's Office 300 Centennial Way Tustin, CA 92780 EXEMPT FROM RECORDING FEES PURSUANT TO GOVERNMENT CODE SECTtON 6]03 SPACE ABOVE THIS LINE FOR RECORDERS USE CITY CLERK NOTICE OF COMPLETION NOTICE is hereby given that: 1. The City of Tustin is the owner in fee of the improvements hereinafter described in Paragraph 3. 2. The full name and the full address of the City of Tustin is: City of Tustin. 300 Centennial Wav, Tustin. California 92780 3. The work of improvement is generally described as follows: Old Town Tustin Commercial District Sign Program (CIP No. 4065) 4. The work of improvement was completed on: December 15.2005 5. The name of the contractor, if any, for such work of improvement was: Bravo Sign & Design. Inc. 6. The property on which said work of improvement was completed is in the City of Tustin, County of Orange, State of California and is described as follows: Various locations within the City of Tustin Acceptance Date: February 6. 2006 CITY OF TUSTIN, a municipal corporation BY: CITY ENGINEER VERIFICATION I am the City Engineer of the City of Tustin, a municipal corporation, owner, and have been authorized by resolution of the City Council to execute this notice on behalf of said City; I have read the foregoing and know the contents thereof; and I certifY that the same is true of my own knowledge, except as to those matters which are therein stated upon my information and belief, and as to those matters I believe them to be true. I declare under penalty of perjury that the foregoing is true and correct. Executed at Tustin, California, on the - day of , 2006. CITY ENGINEER, CITY OF TUSTIN II íO <0 ~ d z D... Q ~ ~ ~ D... Z (j 00 Õ it: ~ 0 ...J « U II: W ~ ~ 0 0 z ~ ::::> I- z 3:: f2 9 0 iii ~ « z Õ w "") 0 II: D... CITY OF TUSTIN GASB 34 INFRASTRUCTURE INVENTORY VALUATION FORM Department: Public Works Prepared by: Jon Drauaelis Date Prepared: Januarv 31. 2006 Division: Enaineerina Phone/Extension: (714) 573-3164 Description of the Asset: Old Town Tustin Commercial District Sian Proaram (CIP No. 4065) Date: D Acquired ~ Constructed D Removed: December 15,2005 Basis of Valuation: (Please check one) ~ D Actual Cost (should include design, construction mgmt, fees, transportation, etc.) Estimated Cost If Estimated Cost, describe the method used: Quantity: Description Quantitv Total Amount Old Town Directional Signs 45 $247,540.26 $247,540.26 TOTAL Source of Document/Information: Actual Contract Cost Total Valuation Amount I $247,540.26 S:\GASB\GASB - CIP 4065.doc