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