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HomeMy WebLinkAboutCity Council Resolution 438 WJML: JS: ph 7/2/68 lOC RESOLUTION NO. 438 A RESOLUTION CALLING FOR SEALED PROPOSALS AND FIXING LIQUIDATED DAMAGES FOR FAILURE TO COMPLETE THE WORK WITHIN TIME SPECIFIED VERDE VISTA IMPROVEMENT PROJECT RESOLVED, by the City Council of the City of Saratoga~ California~ that WHEREAS~ the said Council did, on the 19th day of October, 1966, adopt its Resolution of Intention No. 344, as subsequently amended~ lo order the clearing, grubbing~ removal of existing trees~ shrubs and structures~ grading and construction of base, pavement, curbs~ gutters, sidewalkss drainage facilities~ and appurtenances in said City, all as more particularly described and set forth in said Resolution of Intention, as amended; NOW~ THEREFORE, the City Clerk of said City is hereby directed to publish once a week for two weeks in the Saratoga News, a newspaper published and circulated in said City, a notice inviting sealed proposals or bids for the construction of said improvements, and referring to the plans and speci- fications on file in the office of said City Clerks the first.publication of which notice shall be at least fourteen days prior to the time fixed for open- ing bids. All proposals or bids shall be accompanied by cash, a cashier's or certified check payable to the order of the City Clerk amounting to ten per cent of the bid, or by a bond in said amount and payable to said City Clerk signed by the bidder and a corporate surety or by the bidder and two sureties who shall justify before any officer competent to administer an oath~ in double said amount and over and above all statutory exemptions. The amount so posted shall be forfeited to said City in case the bidder depositing the same does not, within fifteen days after written notice that the contract has been awarded to him, enter into a contract with the City. It is hereby determined that in the event lhe contractor, contracting owners included, does not complete the work within the time limit specified in the proposed contract""'or within such further time as this Council shall have authorized, the contractor or contracting owners, as the case may be, shall pay to the City liquidated damages in the amount of Fifty Dollars ($50.00) per day for each and every day's delay in finishing the work beyond the completion date specified in said contract. Additional provisions with regard to said time of completion and liquidated damages are set forth in the specifications, which provisions are hereby referred to and incorporated herein by reference. Said sealed proposals or bids shall be delivered to the City Clerk of said City on or before 2:00 o'clock P.M. on the 5th day of August~ 1968, said time being not less than fourteen days from the time of the first publi- cation of said notice. Bids will be publicly opened, examined and declared on said day and hour~ and referred to and considered by the Council at its meeting at~ o'clock P.M. on August 7~ 1968.' I hereby certify that the foregoing is a full, true and correct copy of Resolution duly passed and adopted by the City Council of the City of Saratoga, California, at a meeting thereof held on the ..Srd day of . . JUlY ................ , 196 8 , by the following vote of the members thereof: AYES, and in favor thereof, Councilmen: Hardman, Tyler, Robbins, Smith NOES, Councilmen: None ABSENT, Councilmen ~ None ~ga APPROVED ~.