HomeMy WebLinkAboutPR 15554: TREVINO GROUP FINAL PAYMENTP. R. No. 15554
10/02/09 is
RESOLUTION NO.
A RESOLUTION APPROVING THE PAYMENT OF THE
FINAL RETAINAGE TO TREVINO GROUP. Account No.
Project GO-804, 301-1601-591.82-00
WHEREAS, the City Council approved Resolution No. 09-417
wherein the City Council approved the release of retainage of
$149,554.40 on the condition that the Trevino Group document that
the email dated September 22, 2009 is accurate; and
WHEREAS, the Trevino Group is in the process of resolving the
payments to subcontractors or suppliers of DMJ who have not been
paid and
WHEREAS, the Guarantee Company of North America USA issued the
performance and payment bonds; and
WHEREAS, the Guarantee Company of North America USA is aware
of the issues involving the subcontractors or suppliers and has
recommended the release of the Retainage as denoted in Exhibit "A".
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble
are true and correct.
Section 2. That the City Manager is herein authorized to
release the Retainage of $149,554.40 to the Trevino Group.
Section 3. That a copy of the caption of this Resolution
be spread upon the Minutes of the City Council.
z.pr15554
READ, ADOPTED AND APPROVED on this day of
A.D., 2009, at a Meeting of the City Council of
the City of Port Arthur, by the following vote: AYES:
Mayor
Councilmembers
NOES:
MAYOR
ATTEST:
CITY SECRETARY
APPROVED AS TO FORM:
~~ G~ (.
CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
CITY MANAGER
APPROVED AS TO THE AVAILABILITY OF FIINDS:
DIRECTOR OF FINANCE
z.pr15554
EXHIBIT "A"
T~IlF.. GLIARANTIEE C~MPAN`"i' ~l~ NC?RT'.~I AlYI1~;RICA USA
Ei351 Preston Rd. # 1.15
Frisco, Texas 751134
Phone 972-~9~#-67'3
Fax 972-294-G7i4
Fax 877-533-25t~E
CJctaber 2, 2009
Mr. Mark Sokolow
City Attorney
City of Port Arthur, Texas
Re: The Trevino Group, Inc.
Port Arthur Pre Station
Our Bond No. 75050988
Release ofRetainage
Dear Mr. Sokolow:
This is to confirm our various conversations and correspondence regarding The Guarantee
Company of North America USA's awareness of the unpaid vendors/suppliers on the referenced
project.
This will also re=confirm our approval for the City to release the retainage owed to The Trevino
Group, Inc. on this bonded project.
Sincerely,
'~~~~~'
tf
Daniel R. Jameson
Regional Surety Manager
The Guarantee Company of North America USA