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1980-0716_CROSBY COMPANY, T.J._I5_Item Minutes0 0 RESOLUTION, NOTICE OF COMPLETION AND FINAL REPORT - CALLE ASPERO WIDENING T.J. CROSBY COMPANY) (38) Written Communications: v("83) Report dated July 16, 1980, from the Director of Public Works advising that the work for the Calle Aspero Street Widening has been completed by T. J. Crosby, Inc. The payment status is as follows: Total Project Cost $65,613.06 Less 108 Retention 6,561.31 Amount Due to T. J. Crosby $59,051.75 The report further advises that an agreement with Bear Brand Ranch Company obligates that Company to pay the balance of the project cost, minus the City's share of $25,000. That payment status is as follows: Total Project Cost $65,613.06 Less City Contribution 25,000.00 Minus previous payments 33,998.30 Total Due from Bear Brand Ranch 6,614.76 Acceptance of Work: The following Resolution was adopted: RESOLUTION NO. 80-7-16-9, COMPLETION OF CALLE ASPERO WIDENING - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE COMPLETED AS TO PLANS AND SPECIFICATIONS FOR THE CALLE ASPERO WIDENING The Resolution accepts the work and directs the City Clerk to forward the Notice of Completion to the County Recorder within 10 days; payment is authorized to T. J. Crosby, Inc., in the amount of $59,051.75; payment of the 108 retention is authorized 35 days after recordation of the Notice of Completion. 7/r(,/10