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Item 25.1 - Approval of Final Payment for FFA Animal Facility i - " �-- AGENDA REPORT - , I _ c� k, � CITY OF POWAY "^�� � This report is included on the ConxM Calendac There will be no separate discussion of the report prior to approval by the Ciry Council unless members of the Council,swff or public request it to be removed from the ConseM Calendar and ` .,� . r F discussed separately.If you wish b have ihis repod pulled for discussion, ease fill out a sli mdicatin the re rt number • � . aM give H to the City Clerk prior(o the beginning of the City Council meeting. P 9 � ��niN THC CO`�� 1�0: Hono�abk Mayor and Mrmbera a[the City Couocil I�ROM: James L Bowersoz. (S�bL� A1TIATFD BY: Taman A. Smit6, A�siefan� City Attorne'�/ DAT� Febroar� 4, 1992 � SUBJE(.'T: Aooror� �FL�� Paymmt [or f�l�'FA nh+.s� F�Idv (1643) ' BACKGR�UND• On November 20, 1990 the City Council avarded the contract for constructlon of the FFA Animal Facility to Jomas Constructors, lnc. - The total amount oP tAe contract vas $161,760.00. FINDINGS• C1ty accApted tha project on June 11, 1991. Aftar the contractor valked off the job City took over on April 3 , 1991 and finishad the project. Certain subcontractors were paid a modified contract amount. Others sued the City on stop notice claime. The project is now completa and payment to Lhe stop notice claimants in accordance with the agreement, maintained in the case file of the office of the City Attorney, in the total amount of S18,000.00, satiefies all claime and the project file may be cloaed. 1�lsC,u, n�wcr. No further funding is necessary. The payment. reeulte in an approximate $7, 000. 00 overrun on the total cost oP the project. ACTION: 1 of 2 FEt� � 79�2 iTEM ?5.1 � c�rnr oF rowwY AGIIVDA�EI*OBT Febrou�I, 1992 A�e Two Negativa declaration rasolution passed on October 16, 1990. It ie recommended Lhat (1) the City Council authorize payment of tAa total settlement amount of $18, 000. 00, and (2) authorize the execution oP the eettlement agreement on file in the office nf the city Attorney. ��/ 2 of z FEp 4 1992 ITEIl7 ?5.1