Laserfiche WebLink
<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: January 10, 2024 <br /> <br />RE: Pay Estimate No. 5 (FINAL) – 2023 Street Improvements <br /> <br /> <br />ACTION TO BE CONSIDERED: <br />Motion to approve Final Pay Estimate No. 5 to Minnesota Paving and Materials in the amount of <br />$41,776.00. <br /> <br />BACKGROUND: <br />The total amount earned by the Contractor to date is $805,311.44. The City has paid <br />$763,535.44 to date. The final amount due is $41,776.00. <br /> <br />All work has been completed in accordance with the final plans and specifications with all <br />punch-list work having been completed this past fall. All work is now under a two-year <br />warranty. <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 Final Pay Estimate No. 5 in the amount of <br />$41,776.00 for Minnesota Paving and Materials.