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HomeMy WebLinkAboutReso 057-03 DubLibraryImp#01-03 RESOLUTION NO. 57 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN CONDITIONAL ACCEPTANCE OF IMPROVEMENTS, CONTRACT NO. 01-03, DUBLIN PUBLIC LIBRARY WHEREAS, On May 15, 2001, the City Council entered into a contract with, NV Heathorn, Inc. at a base bid of Eleven Million Eight Hundred and Fifty Two Thousand One Hundred and Eighty Two Dollars ($11,852,182) to complete the improvements for the Dublin Library Contract No. 01-03 in accordance with plans and specifications on file with the City Engineer; WHEREAS, said improvements have been nearly.completed in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of the City Engineer and Head Building Official of the City of Dublin; and WHEREAS, as a condition of said contract, contractor 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, the improvements are now nearly complete, and upon completion 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 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 Upon approval and acceptance by the City Manager, the aforesaid original security requirement may be reduced from the amount of $11,852,182 to an amount of $1,185,218, upon acceptance by Staff of a replacement maintenance bond for $1,185,218 as security for the aforesaid one-year maintenance period; and Upon approval and acceptance by the City Manager, the original performance bond in the amount of $11,852,182 posted in connection with the work involVed in the construction of said project may be hereby released upon acceptance of said maintenance bond. PASSED, APPROVED AND ADOPTED, this 1 st day of April 2003. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ~r'- - '-~ Mayor ATTEST: K2/G/4-1-03/reso-accept-library.doc (Item 8.5)