For City Council Meeting [January 12, 2021]
TO: Honorable Mayor and City Council
APPROVAL: Sean Grayson, Acting City Manager
FROM: Michael Tahan, Interim Public Works Director
Title
Request City Council to 1) Accept Public Improvements; 2) Authorize the reimbursement to Lewis-Hillwood Rialto Company, LLC (LHR) in the amount of $537,514.60; 3) Certify Final Project Costs of $2,150,058.43 for the Public Improvements; 4) Approve a Transfer of the balance from the Laurel/Walnut/Locust Escrow account into the Airport Escrow Account; 5) Approve GASB 34 Report; and 6) Authorize the Interim City Engineer to record a Notice of Completion, all related to the Construction Reimbursement Agreement by and between the City of Rialto and Lewis-Hillwood Rialto Company, LLC (LHR) for the Laurel/Walnut/Locust Improvements.
(ACTION)
Body
BACKGROUND
On October 13, 2015, the City approved a Construction Reimbursement Agreement ("Agreement") with Lewis-Hillwood Rialto Company, LLC ("LHR") for construction of the Laurel/Walnut/Locust Improvements ("Project"). The Agreement authorized LHR to bid, award contract(s), manage and construct the Project in accordance with procedures established in the Agreement. The Project included water, storm drain, roadway and dry utility improvements. The City monitored the bidding process to ensure competitive bidding and fair pricing. LHR reviewed, approved and submitted all payment requests and invoices to the City for payment processing. The staff report from the October 13, 2015, meeting is attached hereto as Attachment 1.
The Agreement authorized LHR to bid, award contract(s), manage and construct the Project in accordance with procedures established in the Agreement. The Project authorized reimbursements related to the following improvements:
1. Street Improvements. Construction of public roadway improvements within the right-of-way of Laurel Avenue, Walnut Avenue, and Locust Avenue. In the case of Locust Avenue, the street improv...
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