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Resolution No. 5429 .: '~ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 5429 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF STEINY & CO. INC., IN ACCORDANCE WITH CONTRACT NO. 482 OF THE CITY OF VERNON. WHEREAS, STEINY & CO., INC. was awarded the contract for work on Traffic Signal Installation, Bandini Boulevard and Sunol Drive, pursuant to Contract No. 482 of the City of Vernon; and WHEREAS, Victor H. Vaits, Director of Community Services, has reported to the City Council of the City of Vernon on September 15, 1987, that said work has been completed and recommends that the work be accepted and payment be made to the Contractor in accordance with the agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: That the work of Traffic Signal Instci.lation, Bandini Boulevard and sunol Drive, pursuant to Contract No. 482 is hereby approved by the City of Vernon. SECTION 2: That the total contract amount is ~ifty~ nine Thousand Eight Hundred Dollars ($59,800.00). That there is now due to the Contractor a final partial payment totaling Fifty-three Thousand Eight Hundred Twenty Dollars ($53,820.00), which should be paid at this time, and the remaining ten percent (to%) of the total contract amount, or the sum of Five Thousand Nine Hundred Eighty Dollars ($5,980.00) is payable thirty-five (l~) days after the adoption of this resolution and the City Council of the City of Vernon hereby directs payment of said sums as set forth to STEIN~ & CO.,INe. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 . ' and instructs the City Clerk to file a notice of completion with the County Recorder. SECTION 3: That the City Clerk of the City of Vernon shall certify to the passage of this resolution and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 22nd day of September, 1987. ATTEST: &u~t'~uk/? BRUCE V. MALKENHORST, City Clerk -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) SSe COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5429, was duly adopted by the City Council of the City of Vernon, and was approved by the Mayor of said City at a regular meeting of the City Council held on Tuesday, September 22, 1987. &/[~44&#~ BRUCE V. MALKENHORST, City Clerk (SEAL) ..