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HomeMy WebLinkAboutResolution 98-012 01/05/1998 RESOLUTION NO. ss-1z N.C.S. 1 of the City of Petaluma, California 2 3 RESOLUTION TO TERMINATE CONTRACT WITH 4 LIONSGATE CORPORATION 5 6 7 WHEREAS, Lionsgate Corporation has abandoned, without justification, all work on the 8 Lakeville Street bridge replacement project; and 9 10 WHEREAS, Lionsgate Corporation is in default of its obligations under the construction 11 agreement. 12 13 NOW; THEREFORE, BE IT RESOLVED that the contract with Lionsgate Corporation 14 be terminated effective immediately; and 15 16 BE IT FURTHER RESOLVED that the City will proceed to present a claim on the 17 performance bond, No. 1314291, issued 4/21/97 by Amwest Surety Insurance Company. 18 1 9 reso98/Ac Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify Eha foregoing Resolution was intraluced and adopted by the Appr~~emd as to Council of the City of Petaluma at a (Regular) (YBatS~D52482{E$~ttA§~ meeting on the 5.th......._-.-...... day of ....d8au8C.y 19..9.8., by the ~ following vote: City Attorney AYES: Torliatt, Keller, Hamilton, Read, Stompe, Vice Mayor Maguire, Mayor Hilligoss NOES: None i l ABSENT: None ~ ,Q~Qn ATTEST: _ i~._. J~ City Clerk Mayor Cowcil File.._........._ cn loss sez. u~__.98-.1.2_......... a.cs.