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HomeMy WebLinkAbout2001-11-27 - AGENDA REPORTS - ANNUAL OVERLAY PRGM (4)CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approval Item to be presented by: hristo her Price DATE: November 27, 2001 SUBJECT: 2000-01 ANNUAL OVERLAY PROGRAM, PROJECT NO. M0012 — PROJECT ACCEPTANCE DEPARTMENT: Transportation & Engineering Services RECOMMENDED ACTION City Council accept the work performed by Granite Construction Company on the 2000-01 Annual Overlay Program; direct the City Clerk to file the attached Notice of Completion; and direct staff to release the remaining ten percent retention 35 days after the Notice of Completion is recorded, provided no stop notices, as provided by law, have been filed. BACKGROUND On October 10, 2000, the City Council awarded a contract for the 2000-01 Annual Overlay Program to Granite Construction Company. The project resurfaced various streets within the Canyon Country area to provide a smoother ride for traffic, enhance the appearance of the area, and extend the economic life of the roadway. The project was completed within budget and to the satisfaction of the City Engineer on October 26, 2001. ALTERNATIVE ACTION Other action as determined by the City Council. FISCAL IMPACT The project was completed with a contingency savings of $101,661.74. Contingency—Budgeted $148,766.00 Contingency — Expenditure 47.104.26 Contingency — Savings $101,661.74 ATTACHMENT Notice of Completion CA:lkl cO"61 \ proj accepM-010verlay. doc L L Agenda Item: 6