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<br /> <br /> STAFF REPORT <br /> <br /> <br /> <br />TO: Mayor Keis and Members of the City Council <br /> <br />FROM: Mark D. Kasma, P.E., City Engineer <br /> <br />DATE: June 30, 2020 <br /> <br />RE: Little Canada Road Streetscape Improvements <br /> <br /> <br />ACTION TO BE CONSIDERED: <br />Motion to approve Partial Pay Estimate No. 3 to Custom Builders, Inc. in the amount of <br />$106,346.71. <br /> <br />BACKGROUND: <br />The total amount earned by the Contractor to date is $522,094.87. The City has paid <br />$389,643.42 to date. Withholding a 5% retainage, the amount due is $106,346.71. <br /> <br />The project is nearing completion and a walk thru with the Contractor and the City will be <br />completed on July 1st. Any remaining or warranty work will be identified at that time with a <br />written punch list. <br /> <br />SOURCE OF FUNDS: <br />The improvements will be funded through TIF District 3-2 ($500,000) and the Infrastructure <br />Capital Improvement Fund, as per the City’s approved CIP. <br /> <br />STAFF RECOMMENDATIONS: <br />Staff recommends that the City Council approve Partial Pay Request No. 3 in the amount of <br />$106,346.71. <br />