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HomeMy WebLinkAboutAgenda Statement 1987/07/21 Item 18 COUNCIL AGENDA STATEMENT Item 18 Meeting Date 7/21/87 ITEM TITLE: Resolution iY/ Accepting contract work, construction of strt Avenue in the City Street Del Mar CA SUBMITTED BY: Director of Public Works/City Engineer pk// �y (4/5ths Vote: Yes No X ) REVIEWED BY: City Manager�(� On May 12, 1987, the City Council improvements tonn the. north side awarded of aC°contract for the construction of street between Del Mar Avenue and Second Avenue to Banil Corporation. The work is now completed. RECOMMENDATION: That Council adopt a resolution accepting the contract work. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Banil Corporation the installation of the street improvements on the � Avenue north side of "C" Street between Del Mar Avenue and and and work was on Jul found 7, 1987. A final inspection was made on July 8, ato be completed in accordance with tcontract plans and specifications and to the satisfaction of the City FINANCIAL STATEMENT: Authorized Expenditure $27,000.00 Banil Corporation ($ 510�gcQontingencies)contract $ P 1us $24,187.54 Final Expenditure Banil Corporation $ 2,812.46 Balance of authorized expenditure Staff time from point of inception to June 4, 1987 $ 6,262.79 $3,620.11 x 1.73 (full cost recovery factor) = FISCAL IMPACT: The City will assume maintenance of the improvements. RS:fp/AX096 WPC 3002E 1`)3 C of Chula Dated