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HomeMy WebLinkAboutReso 142-03 AgatiFurnAlLibrary RESOLUTION NO. 142 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS TO CIVIC CENTER LIBRARY WHEREAS, Agati Furniture Inc entered into a contract with the City of Dublin for custom wood furniture 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 Project Manager of the City of Dublin; and WHEREAS, as a condition of said contract, Agati Furniture Inc 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, 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 completed within the said Facility are hereby approved and accepted subject to the aforesaid one-year guarantee; and 2. The aforesaid performance bond security requirement may be reduced from the amount of $480,909 to the amount of $48,090 upon acceptance by Staff of the replacement maintenance bond as security for the aforesaid one-year maintenance period; and 3. The said original performance bond in the amount of $480,909 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 1 st day of July 2003. AYES: Councilmembers McCormick, Oravetz, and Sbranti, and Mayor Lockhart NOES: None ABSENT:ABSTAiN:NoneCm' Zika ~ ~-/~ /~l~/?)~d/~,.~ /]~/~/~/~y· Mayor Deputy City Clerk K2/G/7_l.03/reso-libra~-fum.doc (Item 4.3)