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HomeMy WebLinkAbout1980-12-16; City Council; 6302-2; Street Resurfacing Program/ .+ veb -. CITY OF CARLSBAD / AGENDA BILL NO. 6302 - Supplement #2 DATE : December 16, 1980 DEPARTMENT: Engineering Dept. Head tr- c. Atty ViZT- C. Mgr. , SUBJECT : 1980-81 STREET RESURFACING PROGRAM CONTRACT NO. 1083 STATEMENT OF THE MATTER \ Work under the above contract has been satisfactorily completed. The final contract amount of $230,689.17 is under the original bid price of $242,257.60. the final contract amount ($23,068.92) will be withheld until 35 days after the Notice of Completion records. Ten percent of F I SCAL I MPACT Funds for this project were budgeted in the 1979-80 and 1980-81 street resurfacing program account ($100,000 and $200,000 respectively). Residual funds left in this account should be retained for street reconstruction of Paseo del Norte in Car Country. EXHIBIT Notice of Completion RECOMMENDATION Accept the work; direct the City Clerk to have the Notice of Completion recorded and to release the bonds 35 days after recordation. Approve retention of residual funds in the street construction of Paseo del Norte in Car Country. Council Action: 12-16-80 Council accepted the work; directed the C resurfacing account for ty Clerk to record the street re- lotice of Completion and release bonds 35 days after kecordation; and approved retention of residual funds in the street resurfacing account for street reconstruction of Paseo del Norte in Car Country.