HomeMy Public PortalAboutResolution No. 78-88 (fully executed)RESOLUTION NO. 178-88
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF CARSON ACCEPTING THE WORK PERFORMED BY
C. W. POSS, INC., PROJECT NO. 177 - AVALON BOULEVARD
WIDENING FROM SEPULVEDA TO BONDS AND PROJECT NO.
222 - AVALON BOULEVARD WIDENING AT AT & SF RAILROAD
CROSSING
WHEREAS, the Redevelopment Agency did, on the 6th day of January,
1978, award the contract for street improvements to C. W. Poss, Inc.,
for Project Nos. 177 and 222; 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
$194,758.04 which said sum the Director has approved as just and fair; and
WHEREAS, the contract documents provide that a total of 10% ($19,475. 80)
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:
section 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, C. W. Poss, Inc., the sum of $194,758.04 in full payment
of said work performed by said contractor, less any sums held until the
expiration of thirty-five days (35) following the filing of said Notice of Comple-
tion, 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 exonera-
ted 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 7th day of August, 1978.
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