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Execute Intermountain Slurry Seal Certificate of AcceptanceDATE: Mil FROM: COUNCIL AGENDA REPORT MARCH 3, 2014 MAYOR AND TOWN COUNCIL GREG LARSON, TOWN MANAGER MEETING DATE: 03/17/14 ITEM NO: 6 SUBJECT: PPW JOB NO. 12 -18 - FY 2012/13 STREET REPAIR AND RESURFACING PROJECT 811 -9901 AUTHORIZE THE TOWN MANAGER TO EXECUTE A CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION ACCEPTING THE WORK OF INTERMOUNTAIN SLURRY SEAL INC. AND AUTHORIZE RECORDING BY THE CLERK ADMINISTRATOR. RECOMMENDATION: Authorize the Town Manager to execute a Certificate of Acceptance and Notice of Completion accepting the work of Intermountain Slurry Seal Inc. and authorize recording by the Clerk Administrator. BACKGROUND: The Town's adopted five year Capital Improvement Program (CIP) Budget designates funding for infrastructure repair and replacement projects. The Street Repair and Resurfacing project is consistent with the Town's goals to improve public safety and to improve the quality of Town streets. This project resurfaced several sections of the Town streets with the use of the Cape Seal process. The streets that were resurfaced are within the general area of Highland Oaks Drive, Wedgewood Avenue, Marchmont Drive, Fisher Avenue, More Avenue, University Avenue (north of Shelburne Way), and Hernandez Avenue (west of the Almond Grove area). This project also placed a slurry seal on Santa Cruz Avenue, Main Street, and University Avenue in the downtown area. PREPARED BY: MATT M RLEY Director of Parks and Public Works Reviewed by: Town Manager Town Attorney -,-tV�Pinance N:\PPW\MANAGEMENI%COUNCIL \COUNCIL REPORTS\2014 Reports \031714 \12- 18- FY201213St=t Resurfacing Acceptance.docx PAGE MARCH 3, 2014 MAYOR AND TOWN COUNCIL SUBJECT: PPW JOB NO. 12 -18 — FY 2012/13 STREET REPAIR & RESURFACING PROJECT 811 -9901 DISCUSSION: On May 20, 2013, the Town Council awarded the contract to Intermountain Slurry Seal Inc. The total contract amount for this project was $1,424,424. The contractor has satisfactorily completed the project and PPW recommends acceptance. Ten percent of the faithful performance bond will remain in effect for a period of two years as guarantee for any needed repair and/or replacement caused by defective materials and workmanship. The execution and recordation of the Certificate of Acceptance is now required to finalize the Town's acceptance of the project. CONCLUSION: Staff recommends that the Town Council authorize the Town Manager to execute a Certificate of Acceptance and Notice of Completion accepting the work of Intermountain Slurry Seal Inc. and authorize recording by the Clerk Administrator. ENVIRONMENTAL ASSESSMENT: This is a project as defined under CEQA but is Categorically Exempt (Section 15301 c). A Notice of Exemption will not be filed. FISCAL IMPACT: This project was completed within the Council approved budget, as demonstrated in the fiscal table below. Budget Encumbered Available FY 2013 /14 Fiscal impact Mmdi To Date Balance , 411 -811 -9901 $ 1,203,301 $ 937,361 $$ 481-81 1 -9901 935,000 i 935,000 1 h TOTALS $ 2,138,301 $ 1,872,361 $ TOTAL FXPIRNM URFB BY CATEGORY- Construction TOTALS $ 1,872,361 $ 1- 872,361