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2006-094-Accepting Work Of Therma Corporation For Project 04-64RESOLUTION 2006 -094 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING WORK OF THERMA CORPORATION FOR PROJECT 04 -64 — INSTALLATION OF EQUIPMENT FOR THE CHILLER/COOLING TOWER REPLACEMENT IMPROVEMENTS AND AUTHORIZING THE TOWN MANAGER TO EXECUTE CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION FOR RECORDING BY CLERK ADMINISTRATOR WHEREAS, on January 17, 2006, the Town Manager awarded the contract for this work to Therma Corporation, as the lowest responsible bidder; and WHEREAS, on January 17, 2006 the Town Council authorized staff to issue change orders to the construction contract up to an amount of $30,000. WHEREAS, Therms Corporation substantially completed the project in conformance with the Town's informal bid process and pursuant to Council approval; and WHEREAS, ten percent of the performance bond provided by Therma Corporation shall remain in place for two years until August 21, 2008 to guarantee the work; and WHEREAS, the work on Project 04 -64 — Installation of Equipment for the Chiller /Cooling Tower Replacement Improvements is hereby accepted as complete pursuant to the plans and specifications for the project. NOW THEREFORE BE IT RESOLVED, that the Town Manager is authorized and directed to execute the Certificate of Acceptance and Notice of Completion attached as (Exhibit A) hereto. BE IT FURTHER RESOLVED, that the Clerk Administrator is directed to transmit this Certificate of Acceptance and Notice of Completion to the Recorder of Santa Clara County for recording PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 21st day of August, 2006 by the following vote. COUNCIL MEMBERS: AYES: NAYS: ABSENT: ABSTAIN: SIGNED: � /Mt �G /dT MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA 4TTEST: DMINISTRATOR OF THE TOWN OF LOS GATOS OS, CA