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ce+ 29dia ceasek <br />515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(612) 484 -2177 / FAX: (612) 484-4538 <br />August 21, 1992 <br />TO: Mayor Hanson and Members of the City Council <br />FROM: Joel R. Hanson, City Administrator <br />RE: Water Tower Painting Contract <br />MAYOR <br />Raymond G. Hanson <br />COUNCIL <br />Beverly Sal lie <br />Bill Blesener <br />Rick Collova <br />Jim LaValle <br />ADMINISTRATOR <br />Joel R. Hanson <br />This is the close out of Project 88 -25 relating to the painting of <br />the water tower. Retainage equaled $16,119.25, but the City had not <br />imposed liquidated damages nor recovered inspection fees of <br />$2,193.80 nor damage to City property of $600.00. With this <br />settlement, we agreed on 7 1/2 days of liquidated damages totalling <br />$2,625.00, and full payment on the other two amounts for a total <br />reduction of $5,418.80. ($16,119.25 - $5,418.80 = $10,700.45) <br />The Public Works Superintendent and I recommend approval of this <br />project close -out as presented. <br />Page 71 <br />