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pLEASANTON. CITY COUNCIL AGENDA REPORT November 7, 2017 Engineering TITLE: ACCEPT PUBLIC IMPROVEMENTS PERFORMED BY GHILOTTI CONSTRUCTION COMPANY, INC. FOR THE STANLEY BOULEVARD RECONSTRUCTION AND UNDERGROUNDING UTILITY DISTRICT PROJECT, CIP NO. 05522 SUMMARY The project consisted of undergrounding the overhead electric utilities and reconstructing Stanley Boulevard between Main Street and First Street, which included installation of new curb and gutter, sidewalks, bike lanes, decorative street lights, public landscaping and associated utility improvements. City Council awarded this construction contract on May 17, 2016. Construction of the project is complete and ready for City Council acceptance. RECOMMENDATION 1. Accept the project as complete. 2. Authorize the City Clerk to file a Notice of Completion for the project. 3. Authorize payment of the retention in the amount of $362,964.97 to Ghilotti Construction Company, Inc. thirty days after the recordation of the Notice of Completion. 4. Authorize the return of $122,377 to the Sewer Enterprise Fund (Fund 431). 5. Authorize the return of $63,802 to the Water Enterprise Fund (Fund 421). 6. Authorize the return of $49,467 to the Storm Enterprise Fund (Fund 440). 7. Authorize the return of $266,800 to the Dublin Freeway Reimbursement for Future Projects Reserve (CIP No. 98590). FINANCIAL STATEMENT Funding for this project totals $9,310,794, including the Rule 20A program reimbursement from PG&E, Comcast and AT&T to the City for the undergrounding of the utilities and their share of the roadway improvements. Expenditures totaled $8,808,347, leaving a balance of $502,446. Staff recommends transferring the remaining balance back to the appropriate enterprise fund balances and return the balance of the Streets General Fund monies to the Dublin Freeway Reimbursement for Future Projects Reserve from which the funds were allocated. Total reimbursements under the Rule 20A program equal $2,717,833.01.