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Resolution No. 7886i 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. 7886 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ACCEPTING THE WORK OF LMT ENTERPRISES, INC., DBA TYNER PAVING CONTRACTOR IN ACCORDANCE WITH CONTRACT NO. 556 OF THE CITY OF VERNON WHEREAS, LMT Enterprises, Inc. DBA Tyner Paving Contractor was awarded Contract No. 556 for work on Paving of Pipe Yard pursuant to Resolution No. 7769 of the City of Vernon; and WHEREAS, Samuel Kevin Wilson, Director of Community Services and Water has reported to the City Council of the City of Vernon on December 12, 2001 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 LMT Enterprises, Inc. DBA Tyner Paving Contractor pursuant to Contract No. 556 is hereby approved and accepted by the City Council of the City of Vernon. SECTION 3: The total contract amount is Two Hundred Seventy Nine Thousand Sixteen Dollars and seventy-two cents ($279,016.72). Therefore, of the funds due to LMT Enterprises, Inc. DBA Tyner Paving Contractor One Hundred Fifty Nine Thousand Five Hundred Thirty Five Dollars and forty-four cents ($159,535.44) is now due. The remaining ten percent (10%) or the sum of Twenty Seven Thousand Nine Hundred One Dollars and sixty-seven cents ($27,901.67) is payable thirty-five days after the adoption of this resolution. SECTION 4: The City Clerk of the City of Vernon hereby directs payment of said sums as set forth to LMT Enterprises, Inc. DBA Tyner Paving Contractor 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 December 2001. C LEONIS C. MALB RG, May r ATTEST: BRUCE V. MALKENHORST, City Clerk -2- 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. 7886, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Wednesday, December 19, 2001 and thereafter duly signed by the Mayor of the City of Vernon. BRUCE V. MALKENHORST, City Clerk` (SEAL) -3-