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44.

Meeting Date:	07/14/2014
Release of the following 10% retainage
Submitted for:	Maricela Benavides
Submitted By:	Maricela Benavides, Community Action Agency
Department:	Community Action Agency

Subject:

Discussion and possible action to authorize the release of the following 10% retainage payments. There will be no impact on the General Fund. [Account #508-2311]

Contractor	Project Address	Retainage Amount

Habitat for Humanity	2315 Severita Lane	$4,000
Habitat for Humanity	515 Violette	$4,000

Background:

These homes have ben completed and final inspections have been conducted. These homes were assisted under the Self-Help Center new Construction Program. Grant # 712003.

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	508-2311
Funding Source:	508-2311
Balance:	$4,000.00
Financial Impact:
No impact to the General Fund. Amount requested: $8,000.00 ( Balance will be $8,000.00 by July 14, 2014.

Attachments
Property Ins.Report
Prperty Ins. Report