City Council

7. Notice of Completion for Cumberland Rd., Palomar Dr., Lone Hill Ave., Amelia\nAve., Country Club Dr. and Country Club Vista St. Water and Street Improvements\nProject, Plan Nos. 1341-1345\nRECOMMENDED ACTION:\n— 1. Accept the completion of Cumberland Rd., Palomar Dr., Lone Hill Ave., Amelia\nAve., Country Club Dr. and Country Club Vista St. Water and Street Improvements\nProject, Plan Nos. 1341-1345 by Gentry Brothers, Inc.;\n— 2. Approve the final contract amount of $2,725,609.80;\n— 3. Authorize the City Manager or his designee to sign & file the Notice of\nCompletion with the County of Los Angeles Registrar-Recorder;\n— 4. Authorize the Mayor to release project retention in the amount of $136,280.49\nto Gentry Brothers, Inc. 35 days following recordation of the Notice of Completion;\n— 5. Authorize the Release of the Payment Bond in the amount of $3,047,880, six\nmonths after recordation of the Notice of Completion, if no claims have been\nreceived; and\n— 6. Authorize the release of the Performance Bond one year following recordation\nof the Notice of Completion if the improvements remain free from defects in materials\nand workmanship.