City Council

10. Accept the Notice of Completion for Pedestrian Enhancement at Elementary Schools, HSIP Cycle 9,\nPlan No. 1318\nRecommended Action for City Council:\n— 1. Accept the completion of Pedestrian Enhancement at Elementary Schools, HSIP Cycle 9, Plan No.\n1318 by FS Contractors, Inc.;\n— 2. Approve the final contract amount of $478,603.11;\n— 3. Authorize the Mayor or his designee to sign and file the Notice of Completion with the County of Los\nAngeles Registrar-Recorder;\n— 4. Authorize the release of the Payment Bond in the amount of $453,800, six months after recordation of\nthe Notice of Completion, if no claims have been received; and\n— 5. Authorize the release of the Performance Bond one-year following recordation of the Notice of\nCompletion if the improvements remain free from defects in materials and workmanship.