Laserfiche WebLink
515 Little Canada Road, Little Canada, MN 55117-1600 <br />(651) 766 -4029 / FAX: (651) 766 -4048 <br />www, ci.litile- Canada. mn. us <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Greg Schroeder, Public Works Director <br />DATE: October 4, 2002 <br />RE: <br />Little Canada Road Improvements Project <br />Partial Pay Estimate No. 11 (Revised Final) <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jiro LaValle <br />Matt Anderson <br />Rick Montour <br />ADMINISTRA7'O12 <br />Joel R. Hansom <br />Attached is a revised final estimate (Partial Pay Estimate No. 11) for the Little Canada Road <br />Improvement Project for Palda and Sons, Inc. This pay estimate was originally approved by the <br />City Council on May 22, 2002 and has been revised to reflect a final audit of the quantities and <br />unit prices that is conducted prior to our final payment. <br />The original contract amount is $1,765,242.32, and the total amount earned by the contractor in <br />May 2002, was calculated to be $1,592,978.01. Our final audit has resulted in a reduction in the <br />final contract amount from $1,592,978.01 to $1,457,978.01. The City has previously paid the <br />contractor $1,575,578.58, therefore, the contractor owes the City of Little Canada $117,600.57 <br />and has given us a check for that amount. <br />Based on the above, I recommend Council approval of Pay Estimate No. 11 for a final <br />contract amount of $1,457,978.01 and acceptance of the check in the amount of $117,600.57 <br />from the contractor to close this project out. <br />ll: \GregS \Pay Estimates \Pay Estimate No. 11 -a Palda,doc <br />