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HomeMy WebLinkAboutItem 4.06 Civic Ctr Crtyard Accpt Improv GITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: February 11, 1991 SUBJECT: Acceptance of Work - Contract No. 89-8 Civic Center Courtyard Fountain Report by Public Works Director Lee Thompson EXHIBITS ATTACHED: None. RECOMMENDATION: 1) x\~ 2) 3) Accept improvements under Contract 89-8 Authorize retention payment, less liquidated damages, in the amount of $7,877 to Golden Bay Construction. Authorize budget transfer in the amount of $7,877 to this project from unallocated reserves. FINANCIAL STATEMENT: Construction Construction Contingency Architect's Const. Service Inspection Less liquidated damages Budget Actual $ 113,770.00 $ 113,770.00 10,000.00 0.00 3,000.00 1,670.50 4~500.00 566.93 $ 131,270.00 $ 127,384.43 (-3,500.00) $ 123,884.43 Funding for this project was approved by the City Council as follows $125,000 from Dublin Information, Inc., 1988-89 interest earnings 6,300 from the Civic Center Capital Improvement Project $131,300 Although this project is $7,385.57 under budget, all the funds were budgeted in Fiscal Year 1989-90. No funds were budgeted for FY1990-91; therefore a budget transfer from unallocated reserves is necessary to pay the remaining $7,877 to the contractor. DESCRIPTION: On October 30, 1989, the City Council awarded Contract 89-8 Civic Center Courtyard Fountain to Golden Bay Construction. This project, which was designed by David Gates and Associates, constructed a water element in the courtyard of the Civic Center supports the globe sculpture that was recently installed by the Dublin Fine Arts Foundation. Most of the project was completed ahead of schedule; however, the slate lining that was specified for the fountain delayed the project for some time causing liquidated damages in the amount of $3,500. The City Engineer has determined that the work was completed in accordance with the approved plans and specifications. Staff recommends that the City Council accept the improvements and authorize retention payment, less liquidated damages, to Golden Bay Construction in the amount of $7,877.