Placentia

City Council

November 19, 2024 Order of Business 1 #e

Agenda Item e

1.e\nAcceptance of Construction Work and Notice of Completion for the Wayfinding Directional Sign\nProject Phase 1, City Project No.1403\nFiscal Impact:\nExpense: $ 86,146.49 Original Construction Contract\n$ 15,853.51 Change Order No. 1\n$ 2,170.00 Change Order No. 2 & 3\n$104,170.00 Total Construction Cost\nBudgeted: $200,000.00 FY 2023-24 & FY 2024-25 CIP Budget\nRecommended Action: It is recommended that the City Council:\n1. Accept the work performed by Square Signs LLC DBA Front Signs, for\nconstruction of the Wayfinding Directional Signage Project (Wayfinding\nProject Phase I), City Project No. 1403 for a grand total amount of $104,170;\nand\n2 Authorize the City Administrator to file a Notice of Completion with the\nOrange County Clerk-Recorder’s Office for the Project; and\n3. Authorize the City Administrator to release retention funds in accordance\nwith the terms of the contract.