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CITY COUNCIL <br />REGULAR MEETING STAFF REPORT <br />AGENDA ITEM 5A <br />STAFF ORIGINATOR: Diane Hankee, PE, City Engineer <br />MEETING DATE: January 13, 2025 <br />TOPIC: Consider Resolution No. 25-02, Approving Payment No. 4 (Final), <br />Watermark Park <br />VOTE REQUIRED: Simple Majority <br />INTRODUCTION <br />Staff is requesting council consideration to finalize the Watermark Park Project. <br />BACKGROUND <br />On February 13, 2023, the City Council passed resolution 23-15, awarding the construction <br />contract for the Watermark Park Project in the amount of $668,265.30 to Dimke Excavating, <br />LLC. During the project additional trail paving was required to accommodate conduit to <br />connect the electrical cabinet to transformer and an adjustment for the floating dock <br />composite deck and railing. This resulted in a Contract addition in the amount of $21,495.88. <br />The final contract amount is $689,761.18 of that the contractor earned $683,120.58. <br />The project is now complete and is recommended for final payment. Funding for the project is <br />through the General Fund Parks budget. <br />RECOMMENDATION <br />Approve Resolution No. 25-02, Approving Payment No. 4 and Final, Watermark Park Project in <br />the amount of $109,857.71 to Dimke Excavating, LLC. <br />ATTACHMENTS <br />1. Resolution 25-02 <br />2. Pay Request No. 4 & Final —Watermark Park <br />