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1983-091-Approving Plans And Specifications For Project 265 GF--Traffic Signal Modifications At West Main Street/Santa Cruz Avenue And West Main Street/ University AvenueRESOLUTION (40. _1983 -91 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS APPROVING PLANS AND SPECIFICATIONS FOR PROJECT 265 GF -- TRAFFIC SIGNAL MODIFICATIONS AT WEST MAIN STREET /SANTA CRUZ AVENUE AND WEST MAIN STREET /UNIVERSITY AVENUE WHEREAS, it is the intention of the Town Council of the Town of Los Gatos to modify the existing traffic signals at West Main Street /North Santa Cruz Av- enue and West Main Street /University Avenue in the Town of Los Gatos. WHEREAS, the Town Engineer has presented Plans and Specifications for this project. RESOLVED, that these Plans and Specifications entitled "TOWN OF LOS GATOS SPECIFICATIONS - PROJECT 265 GF -- TRAFFIC SIGNAL MODIFICATIONS AT WEST MAIN STREET /SANTA CRUZ AVENUE AND WEST MAIN STREET/UNIVERSITY AVENUE ", dated May 13, 1983, on file in the Office of the Town Clerk, are hereby approved; and FURTHER RESOLVED, that the Town Clerk is hereby authorized and directed to advertise, as required by law, for the receipt of sealed bids or proposals for the doing of the work specified in the aforesaid Plans and Specifications, which said advertisement shall be substantially in accordance with the Notice to Bidders, attached hereto and made a part hereof. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 16th day of Mas vote: 1983, by the following AYES: COUNCIL MEMBERS Joanne Benjamin, Terrence J. Daily, Thomas J. Ferrito, MarLyn J. Rasmussen and Mayor Brent N. Ventura NOES: COUNCIL MEMBERS None ABSTAIN: COUNCIL MEMBERS None ABSENT: COUNCIL MEMBERS None SIGNED: MAYOR OF THE T014N OF LOS GATOS ATTEST: CLERK OF THE TOWN OF Lot 'GAT TOWN OF LOS GATOS Section 1 NOTICE TO BIDDERS Notice is hereby given that sealed bids will be received by the Clerk of the Town of Los Gatos, of the County of Santa Clara, State of California, in the Office of the Clerk, 110 E. Main Street, Los Gatos, California 95030, up to 3:30 P.M., JUNE 8, 1983, for PROJECT 265 GF -- TRAFFIC SIGNAL MODIFICATIONS AT WEST MAIN STREET/NORTH SANTA CRUZ AVENUE AND WEST MAIN STREET/UNIVERSITY AVENUE in the Town of Los Gatos, County of Santa Clara, State of California, in accordance with Plans and Specifica- tions on file for the work in the Office of the Clerk of the Town of Los Gatos. The bids will be opened by the Clerk of the Town of Los Gatos at the time and place above stated, and a report of the names of all bidders and the amount of each bid will be made by the Clerk to the Town Council at the next regular or special meeting of the Town Council following the date of opening of bids. Workmen employed in the work must be paid at rates at least equal to the prevailing wage scale as determined by the State Director of the Department of Industrial Rela- tions and on file in the Office of the Town Clerk. Each bid must be accompanied by cash, a certified or cashier's check or a bidder's bond in the sum of not less than ten (10 %) per cent of the total aggregate of the bid, and the checks or bonds shall be made payable to the order of the Town of Los Gatos. Pursuant to Section 4590 of the California Government Code, the contractor will be permitted, at its request and sole expense, to substitute securities for any moneys withheld by the Town to ensure performance under the contract. Said securities will be deposited either with the Town or with a state or federally chartered bank as escrow agent. Securities eligible for this substitution are those listed in Section 16430 of the California Government Code or bank or savings and loan certificates of deposit. The contractor shall be the beneficial owner of any securities substituted for moneys withheld and shall recieve any interest thereon. A17 bids must be addressed to the Clerk of the Town of Los Gatos, and shall bear the title or name of the work to be constructed. The Town of Los Gatos reserves the right to reject any and all bids or to waive any errors or discrepancies. The time limit for the completion of all work shall be as provided in Section 12 -06 of the Special Conditions. Liquidated damages shall be assessed in the amount of Fifty and no /100 ($50.00) Dollars for each working day the work remains incomplete beyond the time fixed above for completion. Section 1 - Notice to Bidders 1 -2 Plans and specifications may be secured from the Department of Public Works, 110 E. Main Street, Los Gatos, California 95030, upon the payment of rive ($5000) Dollars per set, NON - REFUNDABLE. By order of the Town Council of the Town of Los Gatos, County of Santa Clara, State of California, on Mav 16th 1983. ATTEST: 41 n CLERK F TiE N (i�AT