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RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF EAST PALO ALTO
ACCEPTING THE BAY ROAD IMPROVEMENTS PHASE II & III PROJECT, CIP-ST-05A-13,
AUTHORIZING THE RECORDATION OF THE NOTICE OF COMPLETION WITH THE COUNTY OF
SAN MATEO AND RELEASING THE CONTRACT RETENTION BALANCE
WHEREAS, on July 2, 2019, the City Council approved the Plans and Specifications for the Bay Road Phase II & III Project and authorized the City Manager to solicit bids for construction of the project; and
WHEREAS, on January 21, 2020, the City Council adopted Resolution No. 10-2020, which authorized the City Manager to execute a construction contract with Teichert Construction in an amount of $9,871,452.00, and establish a construction contingency of $987,145.20, totaling the construction budget of $10,858,597.20; and
WHEREAS, on December 21, 2021, the City Council adopted a Resolution authorizing the City Manager to execute a First Amendment to the Contract with Teichert & Son, Inc. to increase the budget by $2,345,638 for a new not-to-exceed total of $13,204,235.20; and WHEREAS, construction on the project was successfully completed in March 2022.
WHEREAS, the City is currently holding a retention balance in the amount of $659,753.31 which is to be released upon acceptance of the improvements by the City and within 35 days after recordation of the Notice of Completion.
WHEREAS, the retention funds are available and have been previously allocated by the City Council in the project budget.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF EAST PALO ALTO HEREBY accepts the Bay Road Improvements Phase II & III Project, CIP-ST-05A-13, authorizes the recordation of the Notice of Completion with the County of San Mateo, and releases the contract retention balance.
PASSED AND ADOPTED this 6
th day of September 2022, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Ruben Abrica, Mayor
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ATTEST: APPROVED AS TO FORM:
James Colin, City Clerk Valerie J. Armento, Interim City Attorney