City Council

B.9.\nNOTICE OF COMPLETION FOR CIP 2505, FY2025 STREET\nREHABILITATION PROJECT [H. COLLINS, J. GILMOUR, J. RICO]:\nSUBJECT: The City Council will consider approving the Notice of\nCompletion for CIP 2505, FY2025 Street Rehabilitation Project by Hardy\nand Harper, Inc.\nRECOMMENDATIONS: Accept the work and authorize the following: a)\nFile the Notice of Completion by the City Clerk with the Los Angeles\nRecorder’s Office, b) Issue the final payment to the contractor at the end\nof the 35-day lien period, c) Release of the Performance Bond on the date\nof recordation of the Notice of Completion, and d) Release of the Payment\nBond 35 days after the date of recordation of the Notice of Completion,\npending no receipt of Stop Notices from material suppliers or\nsubcontractors.