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notices from the final payment to Prism Engineering, Inc. If additional Stop Notices are <br /> received during the 30-day period after the Notice of Completion, 125% of those Stop <br /> Notice amounts will be withheld. <br /> The final project funding and expenditures are summarized in Attachment 1 to this report, <br /> indicating total project expenses of $3,230,386 and a balance of $179,446 remaining in <br /> the CIP budget. All of the work has been completed to the City's satisfaction. Staff <br /> recommends transfer of the CIP project balance to the Traffic Impact — Bernal Property <br /> Fund balance. These funds will be available if necessary for the landscaping portion of <br /> the project, Stage 2 Phase 2. <br /> Submitted by: Fiscal eview: Approved by: <br /> ( 7 ' <br /> /'lam/ <br /> N <br /> Gerry Beaudin ina lson Nelson Fialho <br /> Director of Director of Finance City Manager <br /> Community Development <br /> Attachment: <br /> 1. Funding and Estimated Expenditure Summary <br /> Page 3 of 3 <br />