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THE CITY OF 7 - " -7=I "' CITY COUNCIL AGENDA REPORT pLEASANTON. November 6, 2018 Engineering TITLE: ACCEPT PUBLIC IMPROVEMENTS PERFORMED BY MCK SERVICES, INC. FOR THE ANNUAL STREET RESURFACING PROJECT, CIP NO. 17503 SUMMARY This project consisted of resurfacing approximately 1,400,000 square feet of existing pavement surface on various city streets, including Main Street, First Street, and the expansion of the Cubby's Dog Park parking lot. City Council awarded this construction contract to MCK Services, Inc. on April 17, 2018. 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 $197,575.91 to MCK Services, Inc. 30 days after the recordation of the Notice of Completion. 4. Authorize the return of the project balance of$191,757 to the Streets General Fund. FINANCIAL STATEMENT Funding for this project totaled $4,316,610, including $3,325,000 from the 2017-2018 Capital Improvement Program budget, $196,925 from the California Department of Housing & Community Grant for Cubby's Dog Park parking lot, reimbursements from AT&T and PG&E totaling $80,515 and $714,170 from various funding sources (as outlined in Attachment 1). Expenditures totaled $4,124,852, leaving a balance of $191,757 in the project fund. Staff recommends transferring the remaining balance back to the Streets General Fund, once reimbursements are received.