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AI- 28002
11.F.
CC CONSENT
Meeting Date:
08/22/2011
Submitted For:
Agapito Vargas
Submitted By:
Marcie Jackson, COLONIA ACCESS PROGRAM
Department:

Information

CAPTION

Requesting acceptance and approval of:

1. Application for Payment No. 2 (Final) in the amount of $8,677.03;
2. Application for Payment No. 3 (Retainage Release) in the amount of $4,567.15;
3. “Certificate of Construction Completion” reflecting the date of February 11, 2011;

submitted by I. O. C. Company, LLC., contractor for Los Castillos Subdivision as reviewed and submitted by project engineer, Izaguirre  Engineering Group, LLC. through-C-CAP-09-209-10-27.

BACKGROUND


Fiscal Impact

FISCAL YEAR:
2011
ACCT. #:
1-1312-431-00-121-423-0-731
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

P.O.#632907 for IOC Company, LLC-Amount available as of 8-12-11 $9,641.15 in relation to Los Castillos Estates S/D.

FISCAL YEAR:
2011
ACCT. #:
1-1312-206-00-000-010-0-000
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Retainage Payable for IOC Company available balance is $3,603.03; A portion in the amount of $964.12 will be paid out from PO #632907 for a total retainage payable of $4,567.15

Total contract amount is $45,671.49; retainage payable is 10% of contract amount $4,567.15

Work has been completed as per Certificate of Construction Completion and certified by project engineer.

PO will be paid in full once Application for Payments #2 & 3 are approved by CC and Auditor's Office reviews and issues payment.

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 08/12/2011 02:12 PM
Budget and Management mmunoz 08/12/2011 02:26 PM
Auditor's Office aduran 08/18/2011 03:43 PM
Form Started By:
mjackson
Started On:
08/10/2011 03:00 PM
Final Approval Date:
08/18/2011