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HomeMy WebLinkAbout2012-103 Council Resolution• • CITY OF LINO LAKES RESOLUTION NO. 12 -103 APPROVING FINAL PAYMENT REQUEST FOR SEALCOAT STRIPING WHEREAS, pursuant to the resolution of the Council adopted August 13, 2012, awarding the contract for the 2012 Sealcoat Striping to Century Fence; WHEREAS, a complete breakdown is detailed in the invoice provided by Century Fence; NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that Final Payment Request is approved for a final contract amount of $15,388.70. Adopted by the City Council of Lino Lakes, Minnesota this 8th day of October, 2012. The motion for the adoption of the foregoing resolution was introduced by Council Member O' Donnell and was duly seconded by Council Member Roeser and upon vote being taken thereon, the following voted in favor thereof: O'Donnell, Roeser, Rafferty, Stoesz, Reinert The following voted against same: none ATTEST: • Jeff Reinert • • • CITY COUNCIL AGENDA ITEM 6B STAFF ORIGINATOR: Jason C. Wedel, City Engineer MEETING DATE: October 8, 2012 TOPIC: Consider Resolution No. 12 -103 Approving Final Pay Request for Sealcoat Striping VOTE REQUIRED: 3/5 Vote Required BACKGROUND At the August 13, 2012 meeting, City Council awarded the contract for the striping of the 2012 Sealcoat project areas to Century Fence. The striping is now complete and he contractor is requesting final payment in the amount of $15,388.70. A copy of the fmal invoice is attached. The contractor has satisfactorily completed all work and has provided all necessary documentation. The original contract amount was for $13,230.00. The final payment therefore exceeds the original contract amount by $2,158.70. The additional cost is due to the actual amount of striping that was performed exceeding the estimated quantities included in the request for quotes. The final quantities were measured and confirmed and staff is confident that the final payment accurately reflects the amount of work that was performed. RECOMMENDATION Approve Resolution 12 -103, Approving Final Payment Request for Sealcoat Striping.