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HomeMy Public PortalAbout92-031 (02-18-92)RESOLUTION NO. 92 -31 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE SETTLEMENT OF CLAIMS BETWEEN THE CITY OF LYNWOOD AND EXCEL PAVING COMPANY, AND AUTHORIZING THE CITY MANAGER TO APPROPRIATE FUNDS FOR THE ATLANTIC AVENUE PROJECT 5 -5103 WHEREAS, the Atlantic Reconstruction Project 5 -5103, was accepted as complete by the City Council on August 20, 1991; and WHEREAS, Excel Paving Company, the contractor, filed claims with the City after the project was completed and accepted; and WHEREAS, a settlement of all claims for $43,505.44 has been reached between the City and Excel Paving Company, and WHEREAS, the project was originally budgeted for $1,029,000 for FY 1990 -91; and WHEREAS, at the end of FY 1990 -91, $956,870.00 had been committed to the project in actual expenditures, change orders and outstanding purchase orders; and WHEREAS, at the beginning of FY 1991 -92, $320,777.04 was transferred out, leaving the project unfunded; and WHEREAS, on October 1, 1991, Resolution 91 -152 was adopted, reappropriating $138,210.17 to the project, still leaving the project short of approximately $60,000; and WHEREAS, in order to release the remainder of the 10% contract retention, pay the settlement of claims and complete the construction of other outstanding items, $102,801.60 is needed; and WHEREAS, the necessary $102,801.60 can be appropriated by a fund transfer from the Unappropriated Prop A Fund, for the construction of concrete bus pads, and from the proceeds from the Southern California Gas Company per it's agreement with the City. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, proclaim, order and resolve as follows: Section 1 That the City Council approves the settlement of claims with Excel Paving Company. Section 2 That the City Council authorizes the City Manager or his designee to make the following transfer and appropriation: FROM TO Unappropriated Prop A Fund Bal. Atlantic Ave. Project $ 48,801.60 Acct. #5- 5103 - 4220: $ 102,801.60 Proceeds from the Southern California Gas Company $ 54,000.00 $102,801.60 Section 3 This resolution shall go into effect immediately upon its adoption. C35 -230 PASSED, APPROVED and ADOPTED this February , 1992. A EST: r ANDREA L. HOOPER, Ci Clerk APPROV AS TO FORM: a '� Z.0 �4& - ity ttorne City of Lynw d c35 -230 day of ofYLvnwood APPROVED AS - A F ETTA EA Director of 't r EMILIO M. M Director of , Mayor TO CONTENT: 2NEST Finance RG Public Works C STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resolution and _ duly adopted by the City Council of said City at a regular ' meeting thereof held in the City Hall of the City on the 18th day of February 1992, and passed by the following vote: AYES: COUNCILNEHBERS BYRD, RICHARDS, WELLS, HEINE NOES: NONE ABSENT: COUNCILNENBER REA �r City Clerk, City of Lyn ood I STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 92 -31 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 19th day of February , 1992. City Clerk, City of Lynwood 1 C12 -691