HomeMy WebLinkAbout1980-05-06; City Council; 5182-8; Coastal bike route - contract no. 1061AInitial :
Dept. Head - A.GEP4DA GII-i. NO 5-182 - Supplement #8-
May 6, 1980 C. Atty \ba --___--I_- -.-------”- DATE :
SuwEc-r: COASTAL BIKE ROUTE - CONTRACT NO. 1061~
STATEMENT OF THE MATTER
Construction under the above contract has been satisfactorily completed. The final con-
tract amount of $346,082.37 is less than the original bid price of $383,902.15. Ten per-
cent of the final amount will be withheld until 35 days after the Notice of Completion is
recorded .
EXHl BIT
Notice of Completion
RECOMMENDATION
--
Accept the work and direct the City Clerk to record the Notice of Completion and release
the bonds 35 days after recordation.
Council Action:
5-6-80 Council accepted the work and directed the Clerk to record the Notice of Completion and release the bonds 35 days after recordation.