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HomeMy WebLinkAbout4.4 Final Acceptance 86-2 CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: March 1, 1988 SUBJECT: Final Acceptance of Contract 86-2 Amador Valley Boulevard Rehabilitation EXHIBITS ATTACHED: None RECOMMENDATION: Accept improvements under Contract 86-2. Authorize release of securities in lieu of retention. FINANCIAL STATEMENT: Engineering (actual) Construction Others (util./testing) Engineering (actual) Construction Others EXPENDITURES 83-85 85-86 86-87 87-88 $19,616.12 $19,098.35 $ 83,855.'00 $ 5,500.O0(est) -0- -0- 943,540.60 6,930.43 -0- -0- 14,008.00 -0- Actual Totals Budgeted Totals $128,069.47 (est) $ 130,000.00 950,471.03 924,000.00 14,008.00 171000.00 $1,092,548.40 $1,071,000.00 REVENUES Tract 4719 (Larry Lee) $ Amador Lakes Heritage Commons Villages Project Tri-Valley FAU Foster City FAU General Fund 22,500.00 83,250.00 10,950.00 167,961.00 181,000.00 583,994.00 42,893.40 $1,092,548.40 The above figures reflect an overage of $21,548.40 for the total job, which results from the change orders noted in the description below. However, it is estimated that only about $12,500 of the $46,200 budgeted for FY 1987-88 will be spent this Fiscal Year. There is no need, therefore, to transfer any funds for project completion. DESCRIPTION: In August, 1986, the City Council awarded Contract 86-2 Amador Valley Boulevard Rehabilitation, to Oliver De Silva, Inc. The contract included median and street reconstruction, street lighting, and landscaping. The project was approved in concept by the City Council at the public hearing on the Amador Valley Blvd. traffic study in May of 1985. The City Council also approved Federal Aid Urban Program Supplement No. 2 in June, 1986. This agreement was required for use of allotted FAU funds. ITEM NO. ~. ~ COPIES TO: Oliver De Silva, Inc. During the construction phase, the City Engineer authorized changes in striping and the removal of additional defective sidewalk. The City Council authorized reconstruction of the street through the Southern Pacific right-of-way after the tracks were removed. There were a number of private offsite improvement funds contributed to the project, as well as Federal Aid Urban funds° The City Engineer has reviewed the work and determined that it is complete and in accordance with the approved plans, specifications, and modifications. Staff recommends that the City Council accept the improvements and authorize release of the securities in lieu of retention. -2-