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HomeMy WebLinkAboutContracts & Agreements_21-1985_CCv0001.pdf AM, A G R E r M E N T THIS AGREEMEW4, made and entered into this 20th day of Mly _ _ _19 85 , by and between the Redevelopment Agency of the City of . Redlands, organized and existing- under the laws of the State of California, hereinafter referred to as the "Redevelopment Agency" and Terrain, Inc. a partnership consisting of or an individual trading as of the City of Glendale. CA County of Los_ Anjzeles State of California, hereinafter referred to as the "Contractor" . WITNESSETH: That the City and the Contractor, for the consideration hereinafter named, agree as follows: 1. SCOPE OF WORK: The Contractor will furnish all materials and will perform all of the work for the following: Remove and transplant fifteen palm trees to Ford Park and plant as directed by City Park Department. The three Indian Laurel trees on the south side of State Street between Seventh and Eighth Street shall be boxed and delivered to the City of Redlands Park Department yard as directed by the City Park Department.- Removal of existing curbs and gutters, stockpiling of granite curbs as directed by City Public Works Director, removal of existing sidewalks, roof drains, blockwalls, benches , three flag poles, drinking fountains and existing underground storm drains . Remove existing marbelite light standards, concrete light standards and one cast iron light standard on Orange Street and State Street. Place temporary lights for street lighting on Orange Street and State Street. Removal, storage and resetting four bicycle racks. Remove all street signs on Orange Street and State Street. Construction of new water line, water laterals and meter boxes , sewer main, sewer laterals, roof drains, underground electrical, storm water drain and drop inlets. Construction of new curb and gutter and concrete base for brick sidewalks and walkways, including grading and removal of earth under sidewalks as necessary. Construct brick sidewalks , textured concrete, concrete headers, and sandblast curbs as directed by the landscape architect. Remove existing pavement and underlying brick pavement on Orange Street and State Street, grade as necessary. Construct import base material and new plant-mixed paving to the grades shown on the plans. Construct parking lot east of Orange Street and west of Fifth Street on Southern Pacific right of way. -15- Construct new traffic signal system at Orange Street and Redlands Boulevard. Relocate traffic signals at Orange Street and State Street. Install new loop detectors in Orange Street and Redlands Boulevard. Replace and/or repair the existing loop detector at the Orange Street and State Street entrance of the mall. Restriping of State Street per Caltrans Traffic Manual and striping of parking spaces per plan. Restriping of Orange Street per Caltrans Traffic Manual with raised markers and striping of parking places per plan. Furnish and install park benches, trash containers, tree grates and frames, tree guards , bollards, light post and fixtures and water fountains . Install irrigation system and landscaping. Trim roots of existing trees on State Street and Fifth Street and install root devices. Construct signage as designed by the landscape architect. 2. THE CONTRACT SUM: $21-827 ,808 . 21 3. TIME FOR COMPLETION: The work to be completed within one hundred fourteen —(114) working days excluding Saturdays, Sundays and legal Holidays from and after the date of commencing the work. 4. CONTRACT DOCUMENTS: The complete contract includes all of the contract documents set forth herein, to wit: Notice Inviting Bids, Instructions to Bidders, Proposals and Bid Form, Bid Bond, Agreement, Faithful Performance Bond, Labor and Material Bond and Plans and Specifications and any addenda thereto. IN WITNESS WHEREOF, the parties hereto have executed this Agreement th day and year first above written. (SEAL) Redevelopment Agency of the City of Redlands By: C . ��� d&60 E (Executive Director) ReWevelopment Agency of the City of Redlands Mayor, City of Redlands, County of San Bernardino, California Acting as Chairman of the Redevelopment Agency of the City of Redlands ATTEST: CTt-Y) Clerk, of Redlands, Col t Coy of Spernardino, California lil (SEAL) Terrain Inc. (Contractor) By: T L (Si nature) Duane Bartlett Vice President (Title) �liynature) O John m n Secretary/Treasurer (Title) 320524 Class A-C27 (Contractor' s License No. ) -17- AGREEMENT AGREEMENT BETWEEN THE CITY OF REDLANDS AND TERRAIN INC. , FOR THE SUBSTITUTION OF SECURITIES IN LIEU OF CONTRACT RETENTIONS FOR PHASE I REDEVELOPMENT PROJECT WHEREAS, Terrain Inc. , a California Corporation, has entered into a contract with the City of Redlands , dated May 20 , 1985 pertaining to improvements for the Phase I Redevelopment Project; and WHEREAS, pursuant to the terms of the contract, the City of Redlands will retain ten percent from each progress payment until after the project is completed and accepted by the City of Redlands ; and WHEREAS, Terrain Inc . has requested that it be allowed to deposit certificates of deposit at its expense in exchange for release of contract retentions as authorized by Section 4590 of the California Government Code ; NOW, THEREFORE, the City of Redlands and Terrain Inc . do hereby covenant and agree as follows : 1. Terrain Inc. will purchase certificates of deposit in such principal amounts as it may wish, and deliver them to the City of Redlands at such times as it may wish. The principal amount of each certificate of deposit shall be made payable jointly to the City of Redlands and Terrain Inc. Terrain Inc. may arrange with the issuing bank to have the interest earned on each certificate of deposit paid directly to Terrain Inc. or credited to its separate account. With each certificate of deposit delivered to the City of Redlands , Terrain Inc. will also deliver a Limited Power of Attorney in the form attached hereto, authorizing the City Manager of the City of Redlands to endorse the certificate of deposit on behalf of Terrain Inc . if he certifies (a) that Terrain Inc. has breached its contract with the City, or (b) that a legal claim or stop notice must be satisfied from the principal amount of the certificate of deposit, or (c) that a court order, judgment or other legal requirement com- pels the use of such funds . 2 . Upon receipt of each certificate of deposit and executed Limited Power of Attorney, as required herein, the City of Redlands will release to Terrain Inc . the accumulated retentions from progress payments for the subject project as such progress payments are approved, but not to exceed the total principal amount of all certifi- cates of deposit delivered to the City of Redlands in accordance with this agreement . 3. As each certificate of deposit matures , Terrain Inc . may deliver a new replacement certificate of deposit and Limited Power of Attorney to the City of Redlands , and upon receipt the City of Redlands will endorse the matured certificate of deposit -2- and return it to Terrain Inc . 4. Upon its determination that Terrain Inc . is entitled to payment of all sums retained, pursuant to the terms of the subject contract , the City of Redlands will endorse all certifi- cates of deposit then in its possession which have been substituted in lieu of contract reten- tions by Terrain Inc . and deliver the endorsed certificates to Terrain Inc . as final payment . IN WITNESS WHEREOF, The City of Redlands and Terrain Inc . have caused this Agreement to be executed and signed this 18th day of June , 1985 . CITY OF REDLANDS By : Mayor ATTEST: City OA Lqk TERRAIN INC. By : QVk4)�./ -3- LIMITED POWER OF ATTORNEY TERRAIN INC. a corporation organized and existing under the laws of the State of California, with its principal I 10C P^AC%Aa .44-1k, office located at 955 r.9 Glendale , California, hereby appoints the City Manager of the City of Redlands , California, for the limited purpose of executing and endorsing that certain Time Certificate of Deposit drawn upon Fidelity ASavings , Glendale, California, in the amount of C)o 1AOOO . no Said Time Certificate of Deposit is posted in lieu of contract retentions pursuant to Government Code Section 4590 for that certain public works contract entitled "Phase I Redevelopment Project" dated May 20 , 1985 . The City Manager may invoke the Limited Power of Attorney granted herein only upon a breach of said contract by Terrain Inc . , or upon the filing of a legal claim or stop notice with the City of Redlands demanding or requesting said funds , or upon any order or judgment of the court or other legal mandate , and a written certification signed by the City Manager certifying that any of these events has occurred shall be sufficient to invoke the power granted herein. The authority of the within appointed attorney in fact to exercise the power granted herein shall commence immediately upon execution of this Limited Power of Attorney, and shall remain in full force and effect until endorsement of the above described Time Certificate of Deposit on behalf of Terrain Inc. and the City of Redlands . DATED: TERRAIN INC. BY: President BY: . Secretary (Affix Seal) s • t it � • • # l AMERICAN SAVINGS (NOT TRANSFERABLE) it AND LOAN ASSOCIAXION , Minimum Balance 3100,400,0o A SEavIC€Of f WANCiAI.CGRPOAATKX.(W AW WG: Account No.: iS-04-036451-4 Acccwnthoiderlsy"Tierrain, Inc. and the City of Redlands** Issue Date: L-04-85 Principal Amoumt:V*100,000.00 Maturity Date: 7-08-85 Interest Rate: 8.850%Per Annum interest Distribution des: This certifies that the Accounitholder has deposited the Principal Amount shown above in American Savings and Loan Association,Stockton,California.The Principal Amount deposited shall be payable to the Accountholder on the Maturity Date. This deposit bears simple interest from the Issue Date to Maturity Date at the Interest Rate,payable on the Distribution Dates set forth above.Interest will be computed on actual days,on the basis of a 360 day year. This account will not be renewed upon maturity and bears no interest after maturity. AMERICAN SAVINGS AND LOAN ASSOCIATION This certificate is subject to the terms and conditions on the reverse hereof. j' Stockt;,n.California St1?G�2�+� yei+'"" ��t rig` {Author e�Sig azure