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HomeMy WebLinkAboutAgenda Statement 1987/10/27 Item 8• COUNCIL AGENDA STATEMENT Item $ Meeting Date 10/27/87 ITEM TITLE: Resolution ~33 ~ ~ Accepting contract work, traffic signal modifications at Third Avenue/E Street and Fourth Avenue/E Street in the City of Chula Vis SUBMITTED BY: Director of Public Works/City Engineer REVIEWED BY: City Manager (4/5ths Vote: Yes No X ) On June 2, 1987, the City Council by Resolution No. 13053 awarded a contract to Select Electric Inc. for the traffic signal modifications at Third Avenue/E Street and Fourth Avenue/E Street. The work is now completed. RECOMMENDATION: That Council adopt a resolution accepting contract work. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: • Select Electric Inc. completed the traffic signal modifications at Third Avenue/E Street and Fourth Avenue/E Street on October 21, 1987. All work was completed in accordance with the contract plans and specifications and to the satisfaction of the City Engineer. FINANCIAL STATEMENT: Budgeted Amount A) Construction B) Staff Total Authorized Expenditure A) Select Electric Inc. ($131,782.00 original contract + contingencies) Final Expenditure A) Select Electric Inc. Balance of Authorized Expenditure • Staff time from point of inception to August 27, 1987 $5,364.90 x 2.23 (Full Cost Recovery Factor) $ 147,800 12,200 $ 160,000 $ 135,710.50 $ 132,229.60 $ 3,480.90 $ 11,963.73 FISCAL IMPACT: In addition to construction cost summarized above, the City will maintain the traffic signals. RS:nr/BR016, BR017 WPC 3272E