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HomeMy WebLinkAboutAgenda Statement 1988/04/05 Item 12• COUNCIL AGENDA STATEMENT • Item 1' Meeting Date 4/5/88 ITEM TITLE: Resolution/~yy~ Accepting contract work, traffic signal installations at Hilltop Drive/Quint rd Street and Orange Avenue/Second Avenue in the City of Ch a Vista SUBMITTED BY: Director of Public Works ~~'" REVIEWED BY: City Managers ~ ~ (4/5ths Vote: Yes No X ) ~~ On November 17, 1987, the City Council by Resolution No. 13337, awarded a contract for traffic signal installations at Hilltop Drive/Quintard Street and Orange Avenue/Second Avenue to Steiny and Company, Inc. the work is now completed. RECOMMENDATION: That Council approve a resolution accepting the contract work. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: • Steiny and Company, Inc. completed the installation of the traffic signals at the Hilltop Drive/Quintard Street and Orange Avenue/Second Avenue intersection on March 7, 1988. A final inspection was made on March 11, 1988, and all work was found to be completed in accordance with the contract plans and specifications and to the satisfaction of the City Engineer. FINANCIAL STATEMENT: Budgeted Amount - Construction Authorized Expenditure - Construction Steiny & Company, Inc. ($74,945.00 original contract + contingencies) Purchase of equipment by City Final Expenditure Steiny & Company, Inc. Purchase of equipment by City $129,200.00 $82,440.00 12,089.50 $94,529.50 $74,945.00 12,089.50 $87,034.50 • • • Balance of Authorized Construction Expenditure ($94,529.50 minus $87,034.50) Balance of Budgeted Construction Funds ($129,200.00 minus $87,034.50) Page 2, Item 1 2 Meeting Date~57$$- $7,495.00 $42,165.50 Staff time from point of inception to February 25, 1988 $9,504.89 x 2.238 (full cost recovery factor) $21,271.94 FISCAL IMPACT: In addition to construction cost summarized above, the City will maintain the traffic signals. RS:fp/BR015, BR018 WPC 3654E .__ Y t- , C LY C.ct_i±~cil Chula Vista, C,=ififornia Dated f