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HomeMy WebLinkAbout1979-12-18; City Council; 5416-6; Street Restoration Improvements_- CITY OF CARLSBAD Initial : AGENDA BILL NO. 5416 - Supplement #6 Dept. Head nATF I December 18, 1979 C. Atty SUaJECT: CONSTRUCTION OF STREET RESTORATION 1MPROVEMENT.S IN PORTIONS OF TAMARACK AVENUE, EL CAMINO REAL AND PALISADES DRIVE - CONTRACT NO. 1066 STATEMENT OF THE MATTER Work under the above project has been satisfactorily completed. The final contract amount of $48,702.05 exceeds the bid price by $4,549.55. The nature of this contract was such that the exact extent of damage to the subject streets could not be known un- til actual excavation and investigation was done. City inspectors were at the job site when the extra work was done and concur that the charges are reasonable. Funds are available for transfer from the General Fund Unappropriated Reserves. Ten pei-csr:t of the final contract amount ($4,870.21) will be withheld until 35 days after the Notice of Completion records. The additional work was a result of the removal and'replacement of a significant amount of subbase material which was saturated with water. EXHl BITS Resolution No. bo23 authorizing transfer of funds Not.ice of Completion RECOMMENDAT I ON Adopt Resolution No. 60~3authorizing transfer of funds; accept the work; and direct the City Clerk to record the Notice of Completion and release the bonds 35 days after reco rda t i on. ' Council Actign.: 12-18-79 Council adopted Resolution 6023 authorizing transfer of funds, accepted the work and directed staff to record Notice of CompJetion and to release appropriate bonds. d ~ ~ . .- MEMORANDUM DATE : December 11, 1979 TO: CITY MANAGER FROM: FINANCE DIRECTOR SUBJECT: APPROPRIATION OF ADDITIONAL FUNDS FOR CONTRACT #lo06 The attached council agenda bill asks that a total of $4,550 be transferred from the general fund balance to the project account to cover additional costs of this contract. A Finance Department review of the general fund balance account indicates that sufficient funds currently exist and that their transfer will have no major negative effect on the City's fiscal position. Based on this review, I would recommend approval of the transfer. JAMES F. ELLIOTT Finance Director JFE : lw Attach. *. 1 '2 3 4 5 6 7 .8 9 IO 3.1 12 13 14 15 16 ' 17 LE 19 2c 21 22 . 22 24 25 26 27 28 RESOLUTION NO. 6023 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE TRANSFER OF FUNDS FOR THE CON- STRUCTION OF STREET RESTORATION IMPROVEMENTS IN PORTIONS OF TAMARACK AVENUE, EL CAMINO REAL AND PALISADES DRIVE - CONTRACT NO. 1056 BE IT RESOLVED by the City Council of the City of Carlsbad as follows: 1. That the transfer of Four Thousand Five Hundred Fifty Dollars ($4,550) from the General Fund Unappropriated Reserves, Account No. 01-000-0900 to the Public Works Professional Services Account, No. 01-125-2450, is hereby authorized and approved. 2. That the Department of Finance Fund Transfer No. 32 on file in said department and incorporated by reference herein is approved. PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsbad at a regular meeting held the 18tbday of .Dec@er , 1979, by the fol- lowing vote, to wit: AYES: Councilmen Packard, Skotnicki, Anear, Lewis and NOES : None Councilwoman Casler ABS ENT : None RONALD C. PACKARD, MAYOR ATTEST : /7 (SEAL)