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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: August 5, 2020 <br /> <br />RE: County Road D & Greenbrier Street Improvement Projects 2019-01 & 2019-02 <br /> <br /> <br />ACTION TO BE CONSIDERED: <br />Motion to approve the attached Partial Pay Estimate No. 3 to New Look Contracting in the <br />amount of $389,196.10. <br /> <br />BACKGROUND: <br />The total amount earned to date by the Contractor is $654,941.40. Amount paid on previous <br />estimates is $232,998.23. Withholding a 5% retainage, the amount due is $389,196.10. <br /> <br />SOURCE OF FUNDS: <br />The improvements will be funded through assessments, Municipal State Aid Funds and the <br />Infrastructure Capital Improvement Funds. <br /> <br />STAFF RECOMMENDATIONS: <br />Staff recommends that the City Council approve payment in the amount of $389,196.10. <br /> <br />