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HomeMy WebLinkAboutPCDC Resolution 2005-09 07/11/2005RES®LUTI®IV 200509 PETALUNIA COMNIUNITV ®EVELOPnAEIVT COI~A~111SSIOIV ACCEPTING COMPLETION OF THE WATER STREET/TURNING BASIN IMPROVEMENTS PHASE I - UNDER GROUNDING OF UTILITIES PROJECT #3300-54151-C200403 OF THE NORTH BAY CONSTRUCTION, INC. CONTRACT AND APPROVING FINAL PROJECT BUDGET. WHEREAS, the Petaluma Community Development Commission (PCDC) awarded the contract for the Water Street/Turning Basin Improvements Phase I - Undergrounding of Utilities Project #3300-54 1 5 1-C200403, to North Bay Construction, Inc. on December 1, 2003; and, WHEREAS, North Bay Construction, Inc. has completed all the work at a total value of $1,917,145 to the satisfaction of the Director of Economic Development and Redevelopment and the Redevelopment inspection team. NOW, THEREFORE, BE IT RESOLVED by the Petaluma Community Development Commission that the final project budget of $3,136,682 is approved and that the City Clerk/Recording Secretary is hereby authorized to sign the Notice of Completion. BE IT FURTHER RESOLVED that the Administrative Services Department is hereby authorized to release the ten (10%) retention to North Bay Construction, Inc. sixty (60) days after the recordation of the Notice of Completion. Adopted this 1 1 m day of July, 2005 by the following vote: Commissioner Aye No Absent Canevaro X Chair Glass X Vice Chair Harris X Healy X Nau X O'Brien X Torliatt X PCDC Resolution 2005-09 Page 1 ATTEST: l,C, A e Windsor, Recording Secretary 'q1I i_ IF!~ __ Mike Harris, Vice Chair - ~ ` APPROVEDAS,T~O: F,O M: Richard R. Rudnansky, General Counsel PCDC Resolution 2005-09 Page 2