HomeMy WebLinkAboutCC RESO 93-1RESOLUTION NO. 93-1
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NATIONAL CITY APPROVING AND ACCEPTING PUBLIC
IMPROVEMENTS AND AUTHORIZING THE RELEASE OF
IMPROVEMENT SECURITIES FOR THE PARCEL MAP AT THE
SOUTHWEST CORNER OF 22ND STREET AND EUCLID AVENUE
WHEREAS, the Engineering Department of the City of National City has
heretofore received notification that the public improvements in the parcel map at the
southwest corner of 22nd Street and Euclid Avenue have been completed in accordance
with that certain improvement agreement by and between the City of National City and
the developer and approved by Council Resolution No. 91-147, dated July 16, 1991; and
WHEREAS, a final inspection was made on December 8, 1992 by the
Engineering Department and said improvements were found to have been made in
accordance with the plans and specifications approved by the City Engineer and were
therefore acceptable to the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of National City that said public improvements be, and they are hereby approved and
accepted by said City, based upon the recommendations of the City Engineer.
BE IT FURTHER RESOLVED that the City Engineer is hereby authorized
to release 90% of the faithful performance security, with 10 % of said security to be
released one year from the date of this Resolution.
BE IT FURTHER RESOLVED that security given to secure payment to the
contractor, his subcontractors and to persons furnishing labor, materials or equipment
shall, six months after the date of this Resolution, be reduced to an amount equal to the
amount of all claims therefore filed and of which notice has been given to the City
Council plus an amount reasonably determined by the City Engineer to be required to
assure the performance of any other obligation secured thereby. The balance of the
security shall be released upon the settlement of all such claims and obligations for which
the security was given.
Continued on Page Two
Resolution No. 9 3 -1
Page 2 of 2
BE IT FURTHER RESOLVED that no security given for the guarantee or
warranty of work shall be released until the expiration of the period thereof and until any
claim filed during said period has been settled.
PASSED and ADOPTED this 12th day of January, 1993.
George H. Waters, Mayor
ATTEST:
6'I1
Lo Anne Peoples, City Jerk
APPROVED AS TO FORM:
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George H. Eiser, III
City Attorney