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HomeMy WebLinkAboutAGENDA REPORT 1996 0501 CC REG ITEM 07F ITEM 1 6 02) CITY OF MOORPARK AGENDA REPORT TO: The Honorable City Council FROM: Christine Adams, Director of Community Servic DATE: April 11, 1996 (Meeting of May 1, 1996) SUBJECT: Consider Authorizing Recordation of the Notice of Completion for the Construction of Restroom and Concession Stand at Arroyo Vista Community Park BACKGROUND A. Project Description In December, 1995, the City Council awarded a contract for the construction of the subject project . The contract was awarded to Terra Cal Construction of Baldwin Park. B. Project Status The construction of the facility has been completed per plans and specifications . There were three change orders : Change Order #1 : Time extension because of availability of materials . Change Order #2 : Addition of transformer for $1028 . 10 . This cost was saved when the ballfield was lit and deferred until construction of the restroom. Change Order #3 : Concrete was added outside the concession stand sales area, per City request, at a cost of $391 . 00 . There was also a time extension for inclimate weather. Total Change Orders : $1, 491 .10 (or . 012% of contract) C. Fiscal Impact The following is a summary of total project costs : Arroyo Vista Community Park Restroom Contract Price $124, 000 Change Orders $ 1, 491 . 10 TOTAL Contract $125, 419 . 10 006041 Paid 2/7 $ 13, 590 . 00 Paid 4/3 $ 28, 575 . 00 In Process to Be Paid $ 68, 445 . 00 TOTAL $110, 610 . 00 Balance to be released $ 14, 809 . 10 Staff recommends that the City release the balance due 35 days after Notice of Completion records and contractor has fullfilled all other contractural obligations, whichever occurs later, to be determined by the City Manager. RECOMMENDATION 1) Accept the work as completed; 2 ) Authorize City Clerk to file the Notice of Completion for the project; 3) Authorize the release of the balance due upon satisfactory clearance of the thirty-five (35) days after Notice of Completion records and completion of close out contractual obligations of contractor, to be determined by the City Manager; and 4) If no claims or stop notices are filed, within 35 days of recordation of Notice of Completion, exonerate the payment bond and reduce the performance bond to $12 , 400 to remain in full force for a period of one (1) year after Notice of Completion is recorded.