1) Acceptance of the Work Performed by All American Asphalt for the 2007 Residential Overlay Project (P 863); 2) Authorization of the Filing of Notice of Completion for this Project; and 3) Authorization of the Release of Retention Funds following the Expiration of the Lien Period. City of Culver City California City Council Agenda Item Report Meeting Date: 4/07/08 AGENDA ITEM: 1) Acceptance of the Work Performed by All American Asphalt for the 2007 Residential Overlay Project (P 863); 2) Authorization of the Filing of Notice of Completion for this Project; and 3) Authorization of the Release of Retention Funds following the Expiration of the Lien Period. Contact Person/Dept.: Sammy Romo/Public Works Fiscal Impact: Yes X No General Fund: Yes X No Phone Number: 310 253 5619 Item Number: C 6 Public Hearing: Public Notification: Master Notification List (04/02/08) and All American Asphalt by e mail (04/02/08). Action Item: Attachments: Department Approval: Charles D. Herbertson (03/27/08) Fiscal Impact Review: Jeff Muir (by N. Kimball) (04/01/08) City Attorney Approval: Carol Schwab (by H. Baker) (04/01/08) City Manager Approval: Jerry B. Fulwood (04/02/08) RECOMMENDATION: Staff recommends the City Council accept the work performed by the contractor All American Asphalt and authorize filing a Notice of Completion for the Residential Overlay Project P 863. It is also recommended that retention funds in the amount of $57 751.61 be released to the contractor after the thirty five day lien period expires. BACKGROUND/DISCUSSION: On October 8 2007 the City Council awarded a construction contract to All American Asphalt for the Residential Overlay Project P 863 in the amount of $460 000. Also the City Council authorized the Public Works Director/City Engineer to increase the construction contract with All American Asphalt by an amount not to exceed $115 000 for additional street resurfacing work on Jasmine Avenue between Farragut Drive and LeBourget Avenue and $65 000 for oth...
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