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HomeMy WebLinkAboutAgenda Statement 1987/09/22 Item 6• COUNCIL AGENDA STATEMENT Item~_ Meeting Date 9/22/87 ITEM TITLE: SUBMITTED BY: REVIEWED BY: Resolution~p2 S ~ Accepting contract work, placement of asphalt concrete overlay (1987-88 program) on various streets in the City of Chula Vista s~~ Director of Public Works/City Engineer City Manager (4/5ths Vote: Yes No X ) On July 14, 1987, the City Council by Resolution No. 13143 awarded a contract to Daley Corporation for the placement of asphalt concrete overlay (1987-88 Program) on various streets in the City. The work is now completed. RECOMMENDATION: That Council adopt a resolution accepting contract work. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Daley Corporation completed the placement of the asphalt concrete overlay 1987-88 Program) on September 1, 1987. All work was completed in accordance with the contract plans and specifications and to the satisfaction of the City Engineer. It should be noted that this project consisted of streets located within the City and the Montgomery area. The cost to overlay the streets within the City amounted to $172,283.47 and the streets within the Pontgomery Area $264,743.60. The total cost of this project was $437,027.07 ($172,283.47 + 274,743.60). FINANCIAL STATEMENT: Authorized Expenditure Daley Corporation $501,700.OU ($456,075.00 original contract +10% contingencies Final Expenditure Daley Corporation $437,027.07 Balance of Authorized Expenditure $ 64,672.93 Staff time from point of inception to July 16, 1987 268.29 $155.08 x 1.73 (full cost recovery factor) _ $ SISCAL IMPACT: In addition to construction cost summarized above, the City will continue to maintain the streets. RS:fp/AX098 WPC 3179E