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HomeMy WebLinkAboutAGENDA REPORT 1995 1220 CC REG ITEM 07C • ITEM • • . CITY OF MOORPARK of /apt) AciioN492/ e AGENDA REPORT / TO: The Honorable City Council �y FROM: Christine Adams, Director of Community Service V DATE: December 6, 1995 (Meeting of December 20, 1995) SUBJECT: Consider Authorizing Recordation of the Notice of Completion for the Construction of Landscape Improvements at the Home Acres Buffer Zone. BACKGROUND A. Protect Description On May 3 , 1995, the City Council awarded a contract for the construction of the subject project , which included installation of irrigation, landscaping, two security lights, and a 60 day maintenance period. The contract was awarded to Cascade Sprinklers, Inc . of Moorpark. B. Pro-ject Status The construction of landscaping improvements have been completed per plans and specifications . Staff and the landscape architect inspected the improvements on December 6, 1995, and have provided a final punch list for the contractor to complete by December 20 , 1995 . Upon satisfactory completion of the punch list, staff recommends that the City release the retention. There was only one supplier to the contractor on this project, and staff has received all conditional releases . C. Fiscal Impact Total Project Cost Summary: The following is a summary of total project costs : Element FY 1995/96 Total ($) Conceptual Design, Plans & Specs, Construction Oversight $ 5, 400 . 00 $ 5, 400 . 00 Fence Construction $15, 850 . 00 $15, 850 . 00 00U041. t Landscape Construction $43, 800 . 00 $43, 800 . 00 Other Costs (contingencies, water and electric meter costs) $ 2, 200 . 00 $ 5, 009 . 00 TOTAL $67, 250 . 00 $70, 059 . 00 D. Assessment District Budget AD 84-2 The annual assessment for Zone 8 (Home Acres ) has been approximately $20, 000 for the improvements of this buffer zone. By the end of FY 1994/95 there was a fund balance of $54, 135 . 00 . Staff had originally estimated that all improvement costs would total $74, 500 . The construction cost estimates proposed by staff in May indicated that there would need to be a fourth year of assessments in FY 1995/96 to fund the construction deficit and to fund the annual maintenance costs . These necessary assessments were approved by the City Council . Staff has determined that landscape maintenance costs for the buffer zone will be $4, 375 for the rest of FY 1995/96 . The total anticipated projected expenditures for FY 1995/96 is within the approved budget amount. RECOMMENDATION 1 ) Accept the work as completed, subject to satisfactory completion of the maintenance period; 2) Authorize the City Clerk to file the Notice of Completion for the project; 3) Authorize the release of the retention upon satisfactory clearance of the thirty five (35) day lien period. 000042