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Resolution No. 5993 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 ~ ~ 24 ~ 26 27 28 RESOLUTION NO. 5993 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF EXCEL PAVING COMPANY IN ACCORDANCE WITH CONTRACT NO. 503 OF THE CITY OF VERNON WHEREAS, Excel Paving Company was awarded Contract No. 503 for work on Jewel Avenue Reconstruction, pursuant to Resolution No. 5856 of the City of Vernonj and WHEREAS, Victor H. Vaits, Director of Community Services has reported to the City Council of the City of Vernon on September 17, 1991, 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: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The work of Excel Paving Company, pursuant to Contract No. 503 is hereby approved by the City of Vernon. SECTION 3: The total contract amount is Three Hundred Fifty-three Thousand Nine Hundred Seventy-two Dollars Thirty-four Cents ($353,972.34). There is now due to the Contractor a final partial payment totaling Three Thousand Eight Hundred Eighty-five Dollars Thirty-six Cents ($3,885.36), which is payable at this time, and the 1 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 remaining ten percent (10%) of the total contract amount, or the sum of Thirty-five Thousand Three Hundred Ninety-seven Dollars Twenty-three Cents ($35,397.23) is payable thirty- five days after the adoption of this resolution. SECTION 4: The City Council of the City of Vernon hereby directs payment of said sums as set forth to Excel Paving Company and instructs the City Clerk to file a notice of completion with the County Recorder. SECTION 5: The City Clerk of the city of Vernon shall certify to the passage of this resolution and thereupon and thereafter the same shall be full force and effect. APPROVED AND ADOPTED this 23rd day of september, 1991. ATT;5' BRUCE V. III III III 2 1 STATE OF CALIFORNIA 2 COUNTY OF LOS ANGELES ) ) ss ) 3 I BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, 5 being Resolution No. 5993, was duly adopted by the City of 6 Vernon at an adjourned regular meeting of the city Council 7 duly held on Monday, September 23, 1991 and thereafter was : duly signed by the MaAf the ~~ 10 BRUCE v. MALKENHORST, c~ty Clerk 11 (SEAL) 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3