City Council
MEETING DATE: 3/23/2016
TITLE:
Title
Ocotillo Park (formerly Whitewater Neighborhood Park) Project Construction Contract Final Acceptance
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FROM:
John A. Corella, P.E. - City Engineer
RECOMMENDATION:
Recommendation
Staff recommends the City Council accept the Ocotillo Park (formerly Whitewater Neighborhood Park) Project construction contract, under Capital Improvement Program Project No. 7012 as final; and authorize the City Manager to file a Notice of Completion with the Riverside County Recorder's office on behalf of the City Council; and authorize the release of the City held retention funds to the Contractor, C.S. Legacy Construction, Inc., upon the expiration of the Notice of Completion.
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BACKGROUND:
Engineering Staff is requesting that the City Council accept and approve the Ocotillo Park (formerly Whitewater Neighborhood Park) Project construction contract, Capital Improvement Program (CIP) Project No. 7012 (Project) as final. The City Council's acceptance is required to approve the Project's final construction contract amount and release the Contractor's withheld retention funds. The retention funds are monies earned by the Contractor that are withheld from the progress payments pending the satisfactory completion and final acceptance of the project. The project was built according to the terms of the construction contract.
City Council's acceptance is also required to file the formal Notice of Completion (NOC) with the Riverside County Recorder's office. The NOC is a written notice by the City to notify concerned and/or impacted parties that all the construction contract work on the Project has been completed. Once this NOC is executed and filed with the County Recorder a 30 day period starts in which concerned and/or impacted parties may choose to exercise their lien rights against one another. Once the 30 day period has expired, and provided no claims or liens are received, the City can release the retent...
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