South Gate

City Council

April 09, 2024 Item #5

Agenda Item 5

5. Resolution to terminate Contract No. 2022-84-CC with NR Development, Inc. for default\neffective April 9, 2024 for the Hollydale Community Park Project, City Project No. 607-PRK\nThe City Council will consider: (PW)\na. Adopting a Resolution to terminate Contract No. 2022-84-CC between the City of South Gate\nand NR Development, Inc., for default effective April 9, 2024, for the Hollydale Community Park\nProject, City Project No. 607-PRK;\nb. Directing the Mayor to execute a document in a form acceptable to the City Attorney advising\nNR Development, Inc., and the bonding company that the Agreement has been terminated for\ndefault; and\nc. Authorizing the City Manager, or his designee, to execute any related documentation in pursuit\nof the City's remedies against NR Development, including its bonding company in an effort to\ncomplete the Project including, but not limited to, the retention of a successor contractor.\nDocuments:\nItem 5 Report 04092024.pdf\nhttps://granicus_production_attachments.s3.amazonaws.com/cityofsouthgate/d9a298ca8fadbaf3fd08b020194a6bb50.html 4/8\n4/5/24, 12:48 PM Agenda