Rancho Palos Verdes

City Council

D. Consideration to file a Notice of Completion for the Point Vincente Interpretive Center Drainage Remediation project (CIP 8509). (Sunwoo) Recommendation: 1) Accept the Point Vicente Interpretive Center Drainage Remediation project (CIP 8509) as complete; 2) Authorize the City Clerk to file a Notice of Completion for the project with the Los Angeles County Registrar- Recorder’s Office; and if no claims are filed within 35 days after recordation, send a notice to the surety company to exonerate the Performance Bond; and, 3) Authorize the Director of Public Works to release the 5% construction retention payment to Estate Design & Construction, 35 days after recordation of the Notice of Completion by the Los Angeles County Registrar-Recorder’s Office, contingent upon no claims being filed on the project, and the contractor posting an acceptable warrant bond with the City. Agenda Report