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03-09-2016 Additions Packet
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03-09-2016 Additions Packet
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<br /> <br /> <br />TO: Mayor Keis and Members of City Council <br /> <br />FROM: Joel Hanson, City Administrator <br />DATE: March 9, 2016 <br /> <br />RE: CP Invoices <br />Attached are three invoices from Canadian Pacific Railway dealing with Quiet Zone crossing work. <br />The invoices summaries are as follows: <br />• Invoice #1800097518 – Woodlyn Avenue Crossing - $157,127.00 <br />• Invoice #1800097522 – South Owasso Blvd Crossing - $110,682.32 <br />• Invoice #1800097523 – Little Canada Road Crossing - $110,465.36 <br />These invoices reflect work performed to date. As you will recall, the overall project will likely <br />exceed $1,250,000 (the amount of the State’s bond proceeds allocated to this project). Pursuant to our <br />bond agreement with the State of Minnesota, we need to pay these invoices from our funds. We will <br />process one request for payment for the overall project at its conclusion. <br />Staff has requested some additional documentation from CP Rail to ensure that costs fully tie out to the <br />invoices. Given more costs are to be incurred, staff recommends payment of these invoices with the <br />understanding the additional documentation will be submitted that enables us to verify the amount we <br />owe. <br />16
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