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HomeMy WebLinkAboutAGENDA REPORT 1996 0501 CC REG ITEM 07G //I . 665 CITY OF MOORPARK F goo^V m, c AGENDA REPORT of —5-7/ 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 Basketball Court at Peach Hill Park BACKGROUND A. Project Description An outdoor basketball court at Peach Hill Park was identified as a capital improvement project for 1995-96 . The Council authorized staff to advertise for receipt of bids for construction of the basketball court at the City Council meeting of June 21, 1995 . A contract was awarded to CNM Paving of Camarillo in October, 1995 . The basketball court is a full size and has two baskets with rectangular backboards and rims . The court also has a green surface coat and white court striping. The City Council had originally appropriated $20, 000 for the installation of an outdoor basketball court at Peach Hill Park. Staff requested in October that an additional $2 , 000 be appropriated to this project, which the City Council approved, for a total budget of $22 , 000 . B. Proiect Status The construction of the facility has been completed per plans and specifications . There was one change order: Change Order #1 : Additional sand and grading for $310 . 00 Total Change Orders : $310 . 00 (or . 012% of contract) ;Q' f. - C . Fiscal Impact The following is a summary of total project costs : Peach Hill Park Basketball Court Contract Amount $21, 634 Invoice #1573 , sent 1/25/96 $15, 920 Less 10% Retention [$ 1, 592] Partial Payment Made on 2/21/96 $14, 328 Balance $ 5, 714 Change Order #1 $ 310 Adjusted $ 6, 024 Less 10% Retention E$ 602 .40] Partial Payment To Be Made on 5/1/96 $ 5, 421 . 60 Retention (paid 35 days after Notice of Completion is Filed (5/1/96) $ 2 , 194 .40 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; and 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. 000044