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Resolution No. 2967 ~ . ;: . " -; I .1 RESOLUTION NO. 2967 2 A RESOLUTION OF TffE CITY COUNCIL OF TffE CITY OF VERNON, ACCEPTING WITH RESERVATIONS THE WORK FOR CONSTRUCTION OF VERNON CIVIC CENTER :3 RESERVOIR AND PUMPING STATION NO.1, in accordance with Contract No. 279 of the CITY OF VERNON. 4 5 THE CITY COUNCIL OF THE CITY OF VERNON RESOLVES AS FOLLOWS: 6 WHEREAS, Elco Corporation was awarded the contract for the 7 work of the construction of the Vernon Civic Center Reservoir and 8 Pumping Station No.1, in accordance with Contract No. 279 of the 9 City of Vernon, and 10 WHEREAS, Arthur E. Nelson, Jr., City Engineer, has reported 11 to the City Council under date of June 3, 1968, that said work 12 has been completed, excepting the .delivery of 3200 cubic yards of 13 select back fill material and the satisfactory completion of Item I 14 4 (parking area and landscaping), and recommends that the work be 15 accepted with the foregoing exceptions being reserved and payment 16 be made to the contractor in accordance with the agreement, 17 NOW, THEREFORE, BE IT RESOLVED: 18 SECTION l: That excepting for the delivery of 3200 cubic 19 yards of select back fill material and the satisfactory completion 20 of Item 4 (parking area and landscaping) the work of construction 21 of Vernon Civic Center Reservoir and Pumping Station No.1, in 22 accordance with Contract No. 279, is hereby approved by the City 23 of Vernon. 24 SECTION 2- That a partial payment of $1,217,530.80 has 25 been made and that the remaining balance of $135,281.20, being 26 ten per cent of the total contract amount bid, plus change orders, 27 should be payable thirty-five (35) days after the adoption of this 28 resolution, with the following reservations, and the City Council 29 hereby directs payment of said sums to the contractor Elco 30 Corporation; (a) The sum of $10,000.00, pending delivery of 31 3200 cubic yards of select back fill material, to be paid upon the 32 recommendation of the City Engineer of the City of Vernon, but in no 1. ~...I .. .... .1 event. before thirty-five (35) days after acceptance of said 2 contract; (b) the sum of $1,000.00 pending satisfactory completion :3 of Item 4 (parking arm and landscaping) upon recommendation of 4 the City Engineer of the City of Vernon but in no event before 5 thirty-five (35) days from acceptance of said contract; (c) the 6 sum of $5,300.00, being computed for the failure to complete on 7 time said contract by fifty-three (53) days delinquency, c9mputed 8 at the rate of $100.00 per day. 9 The balance of said ten per cent (10%), excluding the 10 foregoing sums, or the amount of $118,981.20 is payable thirty- 11 five (35) days after the adoption of this resolution, and the 12 City Council hereby directs payment of said sums in accordance 13 with this resolution to the contractor, Elco Corporation. 14 15 certify to the passage of this resolution, and thereupon and SECTION 3: The City Clerk of the City of Vernon shall 16 thereafter the same shall be in full force and effect. 17 ADOPTED and APPROVED this 5th day of June, 1968. 18 19 20 21 22 23 24 25 26 27 28 29 301 31 321 I o Tem ATTEST: ~C1tY Clerk STATE OF CALIFORNIA ) ) ss. COUNTY OF LOS ANGELES ) I, F. A. ZIEMER, City Clerk of the City of Vernon, do hereby certify that the foregoing resolution, being Resolution No. 2967, was duly adopted by the City Council of the City of Vernon, and approved by the Mayor Pro Tem of said City at a regular meeting of the City Council held on June 5, 1968. ~,tY aer.lt 2.