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1999-040-Rescinding Resolution No. 1999-30 Authorizing The Execution Of An Agreement With Ridgeline Concrete Corporation For The Construction Of Project 9938RESOLUTION 1999 -40 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS RESCINDING RESOLUTION NO. 1999 -30 AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH RIDGELINE CONCRETE CORPORATION FOR THE CONSTRUCTION OF PROJECT 9938 - CONCRETE STREET RECONSTRUCTION WHEREAS, bids were sought in conformance with State and Town law, and Ridgeline Concrete Corporation was the lowest bidder for Project 9938 Concrete Street Reconstruction; WHEREAS, on March 15, 1999, Council adopted Resolution No. 1999 -30 authorizing the Town Manager to execute the agreement with Ridgeline Concrete Corporation; WHEREAS, since this project is qualified to receive Redevelopment funding, approval is required by the Redevelopment Agency on April 5, 1999. THEREFORE, BE IT RESOLVED: that the Town Council of the Town of Los Gatos rescind Resolution No. 1999 -30 authorizing the Town Manager to enter into an agreement with Ridgeline Concrete Corporation for the construction of Project 9938 Concrete Street Reconstruction (attached) as Attachment 2. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 5th day of April, 1999, by the following vote. COUNCIL MEMBERS: AYES: Randy Attaway, Steven Blanton, Linda Lubeck, Joe Pirzynski Mayor Jan Hutchins NAYS: None ABSENT: None ABSTAIN: None /�1—'-- 0112" SIGNED: ( MAYOR aHE T_OWN°OFLOS GATOS LOS GA! -O; °CALIFORNIA ATTEST: � ��� CLERK OF THE TOWN OF LO AT 'S LOS GATOS, CALIFORNIA SECTION 7 - AGREEMENT Section 7 AGREEMENT qL- �C1.:..0 l �. THIS IS AN AGREEMENT between the Town of Los Gatos (hereinafter referred to as "Owner ") and RIDGELINE CONCRETE CORPORATION (hereinafter referred to as "Contractor "). Owner and Contractor, for the consideration hereinafter named, agree as follows: 7 -01. SCOPE OF WORK Contractor shall furnish all materials and perform all of the work for the construction of PROJECT #9938 - CONCRETE STREET RECONSTRUCTION in accordance with the Contract Documents. 7 -02. CONTRACT PRICE As full compensation for furnishing all materials and for doing all the work contemplated and embraced in this agreement, also for all loss or damage arising out of the nature of the work aforesaid, or from the actions of the elements, or from any unforeseen difficulties or obstructions which may arise or be encountered in the prosecution of the work until its acceptance by Owner, and for all risks of every description connected with the work, also for all expenses incurred by or in consequence of the suspension or discontinuance of work, and for well and faithfully completing the work, and the whole thereof, in the manner and according to the Contract Documents, Owner shall pay FORTY THREE THOUSAND NINETY NINE, 52/100, dollars ($43,099.52), which shall supersede any other amount specified in the contract documents. 7 -03. CONTRACT DOCUMENTS All rights and obligations of Owner and Contractor are fully set forth and described in the Contract Documents. All parts of the Contract Documents are intended to be correlated so that any work called for in one part and not mentioned in the other, or vice versa, is to be executed the same as if mentioned in all said documents. The Contract Documents are defined in Section 8 -01.A of these Specifications and are incorporated herein by reference the same as though set out in full. 7 -04. BEGINNING OF WORK Following the execution of this agreement and the approval of bonds and insurance policies and certificates, Owner shall issue a Notice to Proceed with the work. Commencing work or the entrance of equipment or materials on the site of the work by Contractor before receipt of the Notice to Proceed is at the sole risk and expense of Contractor, and the Contractor shall be fully liable for any damage or injury sustained by Owner or third persons resulting therefrom. 7 -05. TIME OF COMPLETION The work called for herein shall be fully completed within the time limit set forth in the Special Conditions. Revised January 20, 1999 (ATY) Page 7 -1 SECTION 7 - AGREEMENT 7 -06. CORRECTION OF WORK AFTER ACCEPTANCE AND FINAL PAYMENT BY TOWN Contractor shall remedy any defects due to faulty materials and /or workmanship and pay for any damages to other work and /or existing facilities resulting therefrom which shall appear within a period of two years from the date of recording of the Notice of Completion. 7 -07. LIQUIDATED DAMAGES The undersigned has reviewed and is thoroughly familiar with the appropriate sections of the Contract and Section 8 -06.C. of these Specifications pertaining to liquidated damages. IN WIT SS WHEREOF, the parties hereto have executed this Agreement as of the day of 19 �• TOWN OF LOS GATOS By Town Manager T R BY Edward Boland, President Ridgeline Concrete Corporation P.O. Box 41276 San Jose, CA 95160 #629966 Contractor's License Number APPROVED AS TO FORM: RY P. KORB Town Attorney ATTEST: MARIAN V. COSGROVE Town Clerk Page 7 -2