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HomeMy WebLinkAbout0016_1_NOC Diamond Stadium Concession Stand 3 - SR CITY OF LAKJE LSIN0P\E DREAM EXTREMEn REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE To: Honorable Chair and Members of the Successor Agency From: Grant Yates, Executive Director Prepared by: Jason Simpson, Assistant Executive Director Date: April 28, 2020 Subject: Notice of Completion on Diamond Stadium Concession Stand 3 Project (PROJECT NO. Z20003) Recommendations 1. Authorize staff to file the Notice of Completion with the County Recorder for the project; and 2. Authorize staff to release all retention monies 35 days after the filing of the Notice of Completion for the project Background Project Location Project Description Project Contractor Name Concession Stand #3 Diamond Stadium Remodel Z20003 Leonida Builders, Inc A contract was awarded to Leonida Builders, Inc. for the remodel of Concession Stand #3 at Diamond Stadium. Discussion The work has been completed per the plans for this project. The Successor Agency has received final billing and invoicing, and the contractor has been paid in full less the retention amount. City staff requests authorization to record the Notice of Completion and release the retention 35 days following the recordiation of that notice. Fiscal Impact Funding for this project was provided pursuant to the Successor Agency's approved Recognized Obligation Payment Schedule (ROPS). Exhibits A - Notice of Completion