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HomeMy WebLinkAboutR-84-1513J-84-1183 0 RESOLUTION NO. +` —1.513 A RESOLUTION AUTHORIZING A REDUCTION IN RETAINAGE FROM 10% TO 2k% IN THE CONTRACT BETWEEN THE CITY OF MIAMI, FLORIDA AND BETTER CONSTRUCTION, INCH,, FOR CONSTRUCTION OF JOSE MARTI RIVERFRONT PARK - PHASE II WHEREAS, there exists a contract dated March 16, 1984 between the City of Miami, Florida and Better Construction, Inc., for the construction of Jose Marti Riverfront Park - Phase II; and WHEREAS, the contractor has essentially completed all of the work covered by the contract; and WHEREAS, the City has taken beneficial use of the construction work provided by Better Construction, Inc.; and WHEREAS, final acceptance of the work and final payment to the contractor will be delayed while the contractor performs certain items of extra work the City has requested him to do; and WHEREAS, the City Manager and the Directors of the Departments of Parks and Recreation and Public Works agree that all of the contractor's retainage should not be held while he performs the extra work: NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to reduce the retainage from 10% to 2k% in the contract between the City of Miami, Florida and Better Construction, Inc., for the construction of Jose Marti Riverfront Park - Phase II. PASSED AND ADOPTED THIS 21st DAY OF DECEMBER 1984. ST: RAL N IE, CITY CLFtjaW PREPARED AND APPROVED BY: ROBERT F. CLARK DEPUTY CITY ATTORNEY MAURICE A. FERRE URI E A. FERRE , R APPROV S T & CORRECTNESS: A A, DDUGHERTJ, ._CITY TTOR E i CITY COIV=SSIOA MEE ING OF