San Clemente
City Council
Agenda Item E
11E. NOTICE OF COMPLETION - PICO / PRESIDIO DIP REPLACEMENT PHASE II\nPotential Action(s)\nIf the City Council concurs with the information provided within this\nAdministrative Report, the appropriate action would be to adopt Resolution\nNo. 26-115 , which will:\n1. Accept Pico / Presidio DIP Replacement Phase II, CIP Project No. 13411,\nfrom the contractor, Big Ben, Inc.\n2. Authorize the City Clerk to execute and record the Notice of Completion\nfor the completed Pico / Presidio DIP Replacement Phase II.\n3. Authorize the City Clerk to release the Payment Bond 35 days from the\nrecordation of the Notice of Completion upon verification with the\nEngineering Division that no liens have been levied against the contractor,\nBig Ben, Inc.\n4. Authorize the City Clerk to release the performance bond for this project\nupon receipt of a warranty bond in a form acceptable to the Public Works\nDirector/City Engineer in the amount of 25% of the total construction cost.