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HomeMy WebLinkAbout4.10 Piazza Sorento Accpt Work CITY CLERK File # D~[Q]~-~[3J AGENDA STATEMENT CITY COUNCIL MEETING DATE: March 18,2008 SUBJECT: Acceptance of Work ~ Piazza Sorrento (Formerly Area F Square) Contract Number 07-03 Report Prepared by Rosemary Alex, Parks and Facilities Development Coordinator ATTACHMENTS: 1) RECOMMENDA nON: ~) ~ . 2) 3) Resolution accepting facility improvements Authorize the City Manager to accept the final facility improvements. Adopt Resolution accepting the completed improvements Authorize Staff to accept a maintenance bond in the amount of $78,467 at a future date. Base Contract Award (4/3/2007) Construction Contingency (4/3/2007) Sod & increased tree size paid by Develo er - Toll Bros (8/21/2007) TOTAL BUDGET $ 745,555 74,555 $ 745,555 74,555 $ 820,110 $ 34,825 $ 34,825 34,825 $ 854,935 $ 745,555 $ 7,457 $ 31,659 $ 745,555 $ 39,116 Base Contract Award A roved Chan e Orders TOT AL CONSTRUCTION CONTRACT COST $ 753,012 $ 31,659 $ 784,671 DESCRIPTION: On April 3, 2007 the City Council awarded a contract to Jensen Corporation to complete the construction of Piazza Sorrento, the 2-acre neighborhood square in the Sorrento Development. Staff along with representatives from Jensen Corporation completed a walkthrough on March 4, 2008 and except for a few minor punch list items all elements of the project COPY TO: Jensen Corporation Page 1 0[2 ITEM NO. 1:/0 G:\COUNCIL\Agenda Statements\2008\3-18 Piazza Sorrento Acceptance (2).doc (l were complete. Staff is requesting that the Council authorize the City Manager to accept all final improvements pending completion of the remaining minor items. The City presently holds a performance bond in the amount of $784,670.63 to provide the necessary security for the performance of the work involved. As the work is now complete, the performance security requirement can be reduced, in accordance with authority contained in Section 66499.7 of the Government Code, to an amount necessary to guarantee warranty of the work for a one-year period following acceptance of the work. The Contractor will provide a new maintenance bond in the amount of $78,467 which is 10% of the final contract amount, and is sufficient to cover the one-year guarantee period. Upon City Council acceptance of the project, Staff will file a notice of completion with Alameda County Clerk. The City will release the 10% retention thirty-five days subsequent to recording the notice of completion with Alameda County. RECOMMENDATION: following action: It IS the recommendation of Staff that the City Council take the 1. Authorize the City Manager to accept the final improvements for Contract No. 07-03. 2. Adopt Resolution accepting completed facility improvements. 3. Authorize Staff to accept a maintenance bond in the amount of $78,467 at a future date. RESOLUTION NO. - 08 11) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING IMPROVEMENTS TO PIAZZA SORRENTO (FORMALLY AREA F SQUARE) WHEREAS, Jensen Corporation entered into a contract with the City of Dublin to complete the construction of Piazza Sorrento (Formally Area F Square) in accordance with plans and specifications on file with the City Engineer; and WHEREAS, said improvements have been completed in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City of Dublin; and WHEREAS, as a condition of said contract, Jensen Corporation is required to guarantee the improvements for a period of one year following acceptance of the work by the said City of Dublin; and WHEREAS, as improvements are now completed, and the original performance bond security requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, to an amount found necessary to guarantee maintenance of the completed work for the aforesaid one-year period; NOW, THEREFORE BE IT RESOLVED that: 1. The improvements are completed per plans and specifications except for minor punch list items, and the City Manager has the authority to approve and accept the improvements upon completion of the remaining punch list items subject to the aforesaid one-year guarantee; and 2. Upon approval and acceptance by the City Manager, the aforesaid performance bond security requirement may be reduced from the amount of $784,670.63 to the amount of $78,467 upon acceptance by Staff of the replacement maintenance bond as security for the aforesaid one-year maintenance period; and 3. Upon approval and acceptance by the City Manager, the said original performance bond in the amount of $784,670.63 posted in connection with the work involved in the construction of said Facility is hereby released upon acceptance of said maintenance bond. PASSED, APPROVED AND ADOPTED this 18th day of March 2008. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk T1e~- Lrl 0 3/1&/ oG ~lAL ATTACHMENT 1 0