City Council

10. CONSIDER THE ADOPTION OF A RESOLUTION OF THE CITY COUNCIL\nOF THE CITY OF PALOS VERDES ESTATES, CALIFORNIA, APPROVING\nTHE PLANS AND SPECIFICATIONS FOR THE FY 22/23 SLURRY SEAL\nPROJECT (CITY PROJECT NO. PW-693-22), APPROPRIATE\nUNENCUMBERED CAPITAL IMPROVEMENT FUNDS (FUND 30) IN THE\nAMOUNT OF $177,873 TO THE PROJECT, AWARD OF CONSTRUCTION\nCONTRACT TO AMERICAN ASPHALT SOUTH, INC., IN THE AMOUNT OF\n$531,990, AUTHORIZE THE INTERIM CITY MANAGER TO EXECUTE ALL\nCONSTRUCTION DOCUMENTS AND APPROVE ADDITIONAL\nCONSTRUCTION EXPENDITURES NOT TO EXCEED $53,199, WHICH IS\nAPPROXIMTELY 10% OF THE CONTRACT AMOUNT, AND AUTHORIZE\nTHE INTERIM CITY CLERK TO RECORD THE NOTICE OF COMPLETION\nUPON ACCEPTANCE OF THE WORK BY THE PUBLIC WORKS DIRECTOR\nRecommendation: That the City Council Adopt Resolution No. R23-22 to\n(1) Approve the plans and specifications for the Fiscal Year (FY) 22/23\nSlurry Seal Project (City Project No. PW-693-22); (2) Appropriate Capital\nImprovement funds (Fund 30) in the amount of $177,873 to the Project\nand return the $150,000 of budgeted Transit Prop C funds to the Transit\nProp C fund balance; (3) Award of a construction contract to American\nAsphalt South, Inc. in the amount of $531,990; (4) Authorize the Interim\nCity Manager to execute all Contract Documents and approve additional\nconstruction expenditures not to exceed $53,199, which is approximately\n10% of the contract amount; and (5) Authorize the Interim City Clerk to\nRecord the Notice of Completion upon acceptance of the Work by the