Placentia
City Council
Agenda Item L
1.l. Acceptance of Construction Work and Notice of Completion\nfor the Citywide Traffic Safety Improvement Project, City\nProject No. 2908 Fiscal Impact: Expense: $ 1,283,450.00\nOriginal Construction Contract $ 43,973.85 Approved\nChange Orders $ 1,327,423.85 Total Construction Cost\nBudgeted: $ 1,567,742.47 FY 2021-22 & 2022-23 CIP\nProject Budget\nRecommended Action: It is recommended that the City\nCouncil:\n1) Accept the work performed by Baker Electric, Inc. for\nconstruction of the Citywide Traffic Signal\nImprovement Project (HSIP Cycle 9) for a total\namount of $1,327,423.85; and\n2) Authorize the City Administrator to file a Notice of\nCompletion with the Orange County Clerk-Recorder’s\nOffice for the Project; and\n7/7/23, 12:43 PM placentia.granicus.com/GeneratedAgendaViewer.php?view_id=4&event_id=423\n3) Authorize the City Administrator to release retention\nfunds in accordance with the terms of the contract.\nStaff Report\nNotice of Completion