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HomeMy WebLinkAbout1984-08-21; City Council; 7409-2; Notice of Completion for traffic sinal+ i;s> - - CITI 3F CARLSBAD - AGENDA JILL , 3EPT.G TITLE: NOTICE OF COMPLETION FOR CONSTRUCTION OF TRAFFIC SIGNALS AT EL CAMINO REAL & CAMINO VIDA ROBLE (3148 & 3149) PALOMAR AIRPORT ROAD & YARROW DRIVE, AND CITY MOR.-, ~ RECOMMENDED ACTION: 1. Accept the construction of Traffic Signals at Palomar Airport Road and Yarrow, and El Camino Real and Camino Vida Roble as complete. Direct the City Clerk to have the Notice of Completion recorded, and release the bonds 35 days after recordation. 2. Authorize the Finance Director to transfer $7951 from the Trust Account to the Project Account to cover administration costs and refund remaining monies to respective parties according to schedule outline below. ITEM EXPLANATION: Construction of Traffic Signals at Palomar Airport Road and Yarrow Drive, and El Camino Real and Carnino Vida Roble has been satisfactorily completed. The final contract amount of $98,885 includes three Change Orders, which increased the contract amount by $11,358, (handled administratively in accordance with Administrative Order No. 7) to cover some modifications in the signal heads to accommodate future traffic. Utilities and Maintenance Department has accepted the two traffic signals. FISCAL IMPACT: The traffic signals at Palomar Airport Road and Yarrow Drive were paid for by two adjacent Developers and the County. The traffic signal at El Camino Real and Camino Vida Roble were paid for by the Developer of the Palomar Airport Business Park. The City has received a total of $145,500 from the Developers and the County for the construction of the signals as follows: Palomar Airport Business Park Graham Internat i on1 County of San Diego Total Construction Cost Total Administration Cost $ 95,000 14 , 000 35 , 000 TOTAL RECEIVED $lTDtm TOTAL REMAINING The remaining monies in the amount of $31,133 will be refunded to the respective parties per their agreement with the City and according to the following schedule: 1. County to be refunded $ 3,773.00 2. Palomar Business Park to be refunded $27 , 361.00 3. Graham International to be refunded $ -0- Ten percent (10%) retention will be withheld until 35 days after the Notice of Completion. EXH I B IT : 1. Notice of Completion. I %?cording Fkquestea City Clqrk 1200 E3n Avenue Carlsbad, CA 92008 NOTICE OF COMPLETION ENGINEERING To All Laborers and Material Men and to Every Other Person Interested: the Engineering project consisting of Construction of Traffic Signals at Palomar Airport Road and Yarrow, and El Camino Real and Camino Vida Roble on which McCain Construction Inc. YOU WILL PLEASE TAKE NOTICE that on August 10, 1984 was the Contractor, and Industrial Indemnity was the surety, was completed. CITY OF CARLSBAD -A ity Engineer LTLsdL- VERIFICATION OF CITY CLERK I, the undersigned, say: I am the City Clerk of the City of Carlsbad; the City Council of said City on a, 4 ar ,9&./ accepted the above described work as completed and ordeled that a Notice of Completion be filed. I I declare under penalty of perjury that the foregoing is true and correct. Executed on & . 32. /?if/ at Carlsbad, California. / CITY OF CARLSBAD