AgdaPkt 2007-03-26 - Laserfiche WebLink

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6.2B Page 1 REPORT To the Honorable Mayor and City Council., From the City Manager' March 26, 2007 Subject Final Acceptance - 2005/06 Slurry Seal Project Recommendation By motion, accept the 2005106 Slurry Seal Project, and authorize the release of Payment Bond and re#entian according to City procedures to Valiey Slurry Sea( Co. Background On August 8, 2006, the City Council awarded- the construction contract for 2005106 Slurry Seal Project to Vatiey Slurry Seal Co. of West Sacramento California, for their low bid of $633,465.34. Slurry Seals are preventive cost-effective maintenance treatments that help to extend the life of the pavement, and to improve the City's overall street network pavement condition. This project is a continuation of the City's on-going Roadway Management Program preventive maintenance projects. With this project, approximately 355,000 square yards (approximately eight miles in length) of residential, collector, and arterial roadways, as well as several paved parking areas, received slurry seal resurfacing. Please see attached for list of serviced streets. The project has been successfully completed in accordance with the project plans and specifications for a total cost of $650,628.90. One change order was issued in the amount of $17,163.56 (2.70% of the project cost) for a final quantity adjustment and additional work, including four street segments, and the downtown Middlefield parking lot. Alternative Do not accept the 2005/06 Slurry Seal Project which would be contrary to prior Council action. Fiscal Impact Funds in the amount of $1,200,000 were appropriated in the 2005!06 Capital Improvement Program budget as part of the Gas Tax Construction, and Transportation (Measure "A") Funds for the Roadway Management Program. The $17,163.56 change order will be paid from the fund balance of the Roadway Management System Program. PAGE 1 OF 2