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Resolution No. 5553 .... 1 2 3 RESOLUTION NO. 05553 4 5 6' fo.r wo.rk an Bonnie Beach, Indiana, Alcoa, 37th Street, MayWaod 7 8 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF VERNON PAVING COMPANY, IN ACCORDANCE WITH CONTRACT NO. 489 .OF THE CITY OF VERNON WHEREAS, Vernan Paving Campany was awarded the cantract and Exchange AVenue. improvements, pursuant to. Contract No. 489 af the City of Vernon; and 9 WHEREAS, Victor H. VeH ts, Directar of Cammuni ty Services, 10 has reparted. to. . theCi ty Council af the City of Vernon an September 11 8i, 1988 ,that s.i.j.d wark .has been campleted and recommends that the 12 wark be accepteda.nd payment be made to. the Contractar in accordan 13 ith the agreement. 14 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 15 CITY OF VERNON AS FOLLOWS: 16 SECTION!: That the wark of Bonnie Beach, Indiana, Alcoa, 17 37th Street, Maywaodand Exchange Avenues, pursuant to. Contract NO.. 18 489 Is herebyappravedby the City of Vernon. 19 SECTION 2: That the total cantract amount is Three 20 Hundred Thirteen Thousand-Five Hundred Fifteen Dollars and Twenty 21 Two. Cents ($313,515.22). That there is naw due to. the Cantractar 22 a final partial payment totaling One Hundred Seventy Six Thousand- 23 six Hundred Faurteen Dollars and Forty Two. Cents C$176,614.42), 24 which shOuld be paid at this time, and the remaining ten percent 25 (10%) af the total cantract amount, or the sum af Thirty-One 26 Thousand Three Hundred Fifty-One Dollars and Fifty Two Cents 27 ($31,351.52) is payable thirty-five (35) days after the adoptian 28 oithis resolution and the City Council of the City of Vernan .< 1 ereby directs payment of said sums as set forth to Vernon Paving 2 ompaIlY a.nd instructs the city Clerk to fIle a notice ofcompletio 31th the County Recorder. 4 SECTION 3: That the City Clerk of the City of Vernonshal 5 certify to.the passage of this resolution and thereupon and there- 6 after the same shall be in full force and effect. 7 APPROVED AND ADOPTED this 20th day of September, 1988. 8 9 10 :~ ~At BRUCE V. 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ~~?' :K~ MALKENHORST, City Clerk - 2 - . . 1 STATE}. OF CALIFORNIA 2 COUNTY OF LOS ANGELES 3 4 I, BRUCE V. b~LKENHORST, City Clerk of the city of Vernon, 5 do hereby ceftify that the foregoing Resolution, being Resolution 6 No. 5553, was duly adopted by the City Council of the City of 7 Vernon, and was. approved by the Mayor of said City a.t a regular 8 meeting of the City Council held on Tuesday, September 20, 1988. ss. 9 10 11 12 (SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 b BRUCE V. MALK~NHORST,City Clerk - 3 -