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THE CITY OF 8 <br /> pLE ASANTONC CITY COUNCIL AGENDA REPORT <br /> April 16, 2013 <br /> Commun ty Development <br /> Engineering Division <br /> TITLE: ACCEPT PUBLIC IMPROVEMENTS PERFORMED BY MCK SERVICES, <br /> INC. FOR THE ANNUAL RESURFACING OF VARIOUS CITY STREETS <br /> (ANNUAL STREETS RESURFACING AND PREVENTATIVE <br /> MAINTENANCE) PROJECT, CIP NO. 125003 <br /> SUMMARY <br /> The project consisted of resurfacing approximately 1,207,000 square feet of pavement <br /> surface and preparatory work for slurry-sealing approximately 2,650,000 square feet of <br /> pavement surface along various city streets. City Council awarded this construction <br /> contract to MCK Services, Inc. on June 19, 2012. Construction of the project is <br /> complete and ready for City Council acceptance. <br /> RECOMMENDATION <br /> 1. Accept the project as complete. <br /> 2. Authorize the City Clerk to file a Notice of Completion for the project. <br /> 3. Authorize payment of the retention in the amount of $138,829.18 to MCK Services, <br /> Inc. thirty days after the recordation of the Notice of Completion. <br /> FINANCIAL STATEMENT <br /> Funding for this project totaled $2,941,483 as outlined in Attachment 1 . Expenditures <br /> totaled $2,787,007, leaving an unspent balance of $667,910. Additional resurfacing <br /> work under this project is being bid separately and will use most of the unspent balance. <br />