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09-13-2023 Council Packet
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09-13-2023 Council Packet
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9/20/2023 4:22:40 PM
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<br /> <br /> STAFF REPORT <br /> <br /> <br /> <br />TO: Mayor Fischer and Members of the City Council <br /> <br />FROM: Eric Seaburg, P.E., City Engineer <br /> <br />DATE: September 13, 2023 <br /> <br />RE: Partial Payment #4 – 2023 Street Improvements <br /> <br /> <br />ACTIONS TO BE CONSIDERED: <br />Motion to approve Partial Pay Estimate No. 4 to Minnesota Paving and Materials in the amount <br />of $19,072.46 for 2023 Street Improvement Projects 2023-01, 2023-02, 2023-03 and 2023-05. <br /> <br />BACKGROUND: <br />The total amount earned by the Contractor to date is $803,721.08. The amount paid previously is <br />$744,462.98. Withholding a 5% retainage, the amount due is $19,072.46. <br /> <br />SOURCE OF FUNDS: <br />Street and utility improvements will be funded through the City’s Infrastructure Capital <br />Improvement Fund and special assessments. <br /> <br />STAFF RECOMMENDATIONS: <br />Staff recommends that the City Council approve payment in the amount of $19,072.46 for 2023 <br />Street Improvement Projects. <br />
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