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HomeMy Public PortalAbout80-79• • RESOLUTION NO. 80-79 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CARSON ACCEPTING THE WORK PERFORMED BY ELECTREND, INC., PROJECT NO. 337, AVALON BOULEVARD TRAFFIC SIGNAf UPGRADING FROM CARSON STREET TO TURMONT STREET WHEREAS, the Redevelopment Agency did, on the 5th day of November, 1979, award the contract for the above project to Electrend, Inc., for Project No. 337; and WHEREAS, said work has been duly performed and completed by said contractor; and WHEREAS, said work has been inspected by the Director of Public Works and by him approved as constructed and completed in its entirety, project and authorized revisions therein; and WHEREAS, said Director does now recommend and request the acceptance of the work and the filing of a Notice of Completion thereof; and WHEREAS, the final contract price for said work is the sum of $127,835 which said sum the Director has approved as just and fair; and WHEREAS, the contract documents provide that a total of 10% ($12,783.50) of said total contract price shall be retained until thirty-five (35) days after the recording of the Notice of Completion of said improvement project. NOW, THEREFORE, THE CARSON REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Sect=ion 1. That the Redevelopment Agency does hereby accept the work performed by said contractor and approves the same as being completed in.accordance with the plans and specifications.for said project and authorized revisions therein; and the Executive Director is hereby authorized to file a Notice of Completion of said project in the Office of the Los Angeles County Recorder; and Section 2. That the Agency Treasurer is authorized and directed to pay to said contractor, Electrend, Inc., the sum of $127,835 in full payment of said work performed by said contractor, less any sums held until the expiration of thirty-five (35) days following the filing of said Notice of Completion, and then paid contingent upon'the absence of the filing of any stop notice against said project within thirty (30) days after the filing of the Notice of Completion; and . Section 3. That upon expiration of said thirty-five'(35) days following the filing of said Notice of Completion, without any claim being ruled against said project, that all bonds filed by the contractor in said project shall be exonerated and discharged, excepting that the faithful performance bond shall remain in force until the expiration of one year from the date of filing said Notice unless a substitute bond approved by the Director of Public Works -and the Agency Attorney shall have been filed. PASSED, APPROVED and ADOPTED this 2nd day of September, 1980. (Acting) AGENCY CHAIRMA#- - ATTEST: T1 - AGENCY SIECRETAY 0 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF CARSON ) Res. No. 80-7IPage 2 of 2 1, Helen S. Kowagoe, Agency Secretary of the Redevelopment Agency, Carson, California, do hereby certify that the whole number of members of the Carson Redevelopment Agency of said City is five; that the foregoing Resolution being Resolution No. 80-79 was duly and regularly adopted by said Agency at a regular meeting duly and regularly held on the 2nd day of September 1980 and that same was so passed and adopted by the following vote: AYES: AGENCY MEMBERS: Colas, Egan & Mills NOES: AGENCY MEMBERS: None ABSTAIN: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: Smith & Bridgers Agency Secretary