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Resolution No. 6938 . . 1 2 3 4 5 6 7 RESOLUTION NO. 6938 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF SECURITY PAVING COMPANY, INC. IN ACCORDANCE WITH CONTRACT NO. 533 OF THE CITY OF VERNON WHEREAS, Security Paving Company, Inc. was awarded Contract No. 533 for work on Various Streets Improvement 8 pursuant to Resolution No. 6824 of the City of Vernon; and 9 WHEREAS, Samuel Kevin Wilson, Director of 10 Community Services has reported to the City Council of the 11 City of Vernon on April 9, 1997, that said work has been 12 completed and recommends that the work be accepted and payment be made to the Contractor in accordance with the 13 14 agreement. 15 16 17 18 19 20 21 22 23 24 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 Security Paving Company, Inc. pursuant to Contract No. 533 is hereby approved and accepted by the City Council of the City of Vernon. SECT~ON 3: The total contract amount is Four Hundred Seventy~six Thousand Seven Hundred Forty-nine 25 Dollars and Ninety-one Cents ($476,749.91). 26 27 28 There is now due to the Contractor a final partial payment totaling Five Thousand Three Hundred Sixty-four Dollars ($5,364.00) which is payable at this time, and the remaining ten percent (10%) , ~ 1 of the total contract amount, or the sum of Forty-seven 2 Thousand Six Hundred Seventy-four Dollars and Ninety-nine 3 Cents ($47,674.99) is payable thirty-five days after the 4 adoption of this resolution. 5 SECTION 4: The City Council of the City of Vernon 6 hereby directs payment of said sums as set forth to Security 7 Paving Company, Inc. and instructs the City Clerk to file a 8 notice of completion with the County Recorder. 9 SECTION 5: The City Clerk of the City of Vernon 10 shall certify to the passage of this resolution and 11 thereupon and thereafter the same shall be full force and 12 effect. 13 APPROVED AND ADOPTED this 22nd day of April, 1997. 14 15 ~~A~ 0 BRUCEV. MALKENHORST, City Clerk 18 19 20 21 22 23 24 25 26 III 27 III 28 III -2- ~ 1 STATE OF CALIFORNIA ) 2 )ss COUNTY OF LOS ANGELES ) 3 I BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, 5 being Resolution ,No. 6938, was duly adopted by the City 6 Council of the City of Vernon at an adjourned regular 7 meeting of the City Council duly held on Tuesday, April 22, 8 1997, and thereafter duly signed by the Mayor of the City of 9 Vernon. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ----- 4- BRUCE V. MALKENHORST, City (SEAL) III III III -3-