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Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Western Engineering Contractors, Inc. for the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization, CIP No. 73320; Agreement No. 09-30425; and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Transportation Division after the one-year guarantee period.
FUNDING: Developer In-Lieu Fees, El Dorado/Diamond Springs Road Impact Fund, Road Fund, State Highway Operations and Protection Program, State Transportation Impact Mitigation Fees, State-Local Partnership Program and Traffic Impact Mitigation Fees (West Slope). (No Federal Funds)
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DEPARTMENT RECOMMENDATION
Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Western Engineering Contractors, Inc. for the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization, CIP No. 73320; Agreement No. 09-30425, and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Transportation Division after the one-year guarantee period.
DISCUSSION / BACKGROUND
The contract for the Pleasant Valley Road (SR 49)/Patterson Drive Intersection Signalization, CIP No. 53320 (Project), was approved by the Board of Supervisors (Board) on December 3, 2013 (reference Legistar Item 13-1011, version 1). The Project was opened to motorists in October 2014. Recordation of the Notice of Acceptance will start legal time frames for guarantees, a lien period, and return of retention monies. Recordation of the Notice of Acceptance will start the one-year time frame for releasing the Payment and Performance Bonds to the Surety.
Summary of Costs
Original Bid: $1,747,742....
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