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RESOLUTION NO. 4855
A RESOLUTION CALLING FOR SEALED PROPOSA"LS
AND FIXING LIQUIDATED DAMAGES FOR FAILUHE
TO COMPLETE THE WORK WITHIN TIME SPECIFIED
DOWNTOWN BEAUTIFICA1·ION AND LIGHTING
.. PROJECT NO. 71-80
RESOLVED, by the Council of the City ot Palo i\lto, California,
WHEREAS, on A:.Jgust 20, 1973, thi.is Council adopted its Resolution
ot Intention No. 4812 to order the construction of sidewalk, cross-
walks, pavement, street lighting, street signs, landscaping and
beautification irnprcv~~ents, relocation of storm drain catch basins
and traffic signals and controls, replacement or luminaires, and all
auxiliary work in said City, all as more particularly described and
set forth in said Resolution ot· Intention;
NOW, THEREFORE, the Clerk of this City is hereby directed to
publish once a ~eek for two weeks in the Palo Alto Times, a news-
paper publishe~ and circulated in said City, a notice inviting
sealed proposals or bids for the construction and ins'tallation of
said improvements, and referring to the plans and specifications on
!"ile in the off"lce of said Clerk, the .first publication of which
notice shall be at least fourteen (14) days prior to the time fi~ed
for opening bids.
All propc:als or bids shall be accompanied by cash, cashier's
or certified check payable to the order of the City Clerk amounting
to ten percent of the ~ld, or by a bond in aeid amount and payable
to said Cle~k signed by the bidder and a corporate surety or by the
bidder and two sureties who shall justify before any officer compe-
tent to administer an oa~h, 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 (15) days after written notice that the contract has been
a~arded to him, enter into a contract with the City.
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It is hereby determined that in the event the contractor, conn
tracting 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 authorizad, the contractor or contracting
owners, as the case may be, shali pay to t.he City liquidated damages
in the amount of two hundred fifty Dollars ( $ 250.CO ) 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 fortt. 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 on or before 3 •00 o'clock ...f..·M· on the 23rd day of
~ January , 1974, said time being not less than fourteen days from
the time of first publication of said notice. Bids will be publicl'
opened, examined and declared on said dPy and hour and referred to
and considered by the Council at its meeting at 7:30 o'clock P.M. on
~-F_e~b~ru_a~ry~~25.._·~~~--, 1974.
* * * * * *
I hereby certify that the foregoing is a full, true end correct
copy of a resolution duly ~assed and adopted by the Council of the
City or Palo Alto, California, at a 111eeting thereof held on the
17th day of J>eeenber !' 1973, by the following vote of the members
thereof:
AYES, and in favor thereof, Councilmen: Beabrs, Berwald. Clay, Comstock
Henderson. Norton, Pearson, Rosenbaum
NOES,
ABSENT,
APPROVED:
Councilmen: None
Councilmen: Sher
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