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Resolution No. 71311 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 211 25 2s 271 • _M � A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF EXCEL PAVING COMPANY IN ACCORDANCE WITH CONTRACT NO. 545 OF THE CITY OF VERNON WHEREAS, Excel Paving Company was awarded Contract No. 545 for work on Paving of Pump House No. 2 Yard pursuant to Resolution No. 7075 of the City of Vernon; and WHEREAS, Samuel Kevin Wilson, Director of Community Services & Water has reported to the City Council of the City of Vernon on May 13, 1998, 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. 545 is hereby approved and accepted by the City Council of the City of Vernon. SECTION 3: The total contract amount is a lump sum of Fifty-three thousand Four Hundred Seventy-seven Dollars ($53;477.00). There is now due to the Contractor a final partial payment totaling Forty-eight Thousand One Hundred Twenty-nine Dollars and Thirty Cents ($48,129.30), which is payable at this time, and the remaining ten percent 2811 (10°s) of the total contract amount, or the sum of Five 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 21 22 23 24 25 26 27 28 Thousand Three Hundred Forty-seven Dollars and Seventy Cents ($5,347.70) 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 in full force and effect. APPROVED AND ADOPTED this 19th day of May, 1998. ONIS C. MALBUAG, May r ATTEST: , BRUCE K7. 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 ) )ss 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. 7131, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, May 19, 1998, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) BRUCE V. MALKENHORST, City Clerk -3-