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HomeMy WebLinkAboutAGENDA REPORT 1987 0603 CC REG ITEM 11L • //, L , • MOORPARK CUNT HARPER,Ph.D. MOORPARK, CALIFORNIA STEVEN KUENY Mayor City Council Meeting City Manager ELOISE BROWN ,,.• '44. CHERYL J.KANE Mayor Pro Tern F' `0 of �J—1 198, . City Attorney THOMAS C.FERGUSON PATRICK RICHARDS,A.I.C.P. Councilmember ACT ION:!/OP.�,a��( Director of JOHN GALLOWAY Community Development Councilmember ; ' a jf - rh't 17.DENNIS DFLZEI3 BERNARDO PEREZ J,;-4City Engineer Councilmember By'—)712 a AQIIN V.GILLESPIE MAUREEN W.WALL Chief of Police City Clerk MEMORANDUM THOMAS P.GENOVESE City Treasurer TO: The Honorable City Council �/ FROM: R. Dennis Delzeit, City Engineer ; 2-7,u9 DATE: June 3, 1987 SUBJECT: Progress Payment Slurry Seal BACKGROUND INFORMATION The monthly progress payment for the Slurry Seal Contract was submitted for the City Council's approval but was subsequently deleted from the Warrant Register because of questions arising relative to the performance of the project. These concerns have now been satisfied and because the cash flow is critical to the contractor, it is requested that the progress payment which is attached be approved for payment. This payment amounts to $36,527.89 and, there is 20% of the total contract amount still retained by the City. This retention plus the bonds in effect on this project, are sufficient to guarantee the performance of the work. The contractor is actively completing the remaining items of work to be accomplished and should be complete with all of the work required in this contract within a week or ten days. RECOMMENDED ACTION Authorize a progress payment in the amount of $36, 527.89 to Slurry Seal of California. < RDD:jg Encl.. // cc: John Knipe, Assistant City Engineer , 'J� Bert Rapp, Sr. Engineer ((((((--'! (S V JN 3944 c) -1 BM0187.Mem V y^t, 799 Moorpark Avenue Moorpark, California 93021 (805) 529-6864 . r••,. 1 _.. ' ' t'•', moi:•.•' h} , •, ...:,'yi: r:':J. 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