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STAFF REPORT <br />DATE: February 21, 2023 <br /> CONSENT <br /> <br />AGENDA ITEM: Approve Pay Request No. 7 for the Water Tower No. 3 Project <br />SUBMITTED BY: Chad Isakson, Project Engineer <br />REVIEWED BY: Kristina Handt, City Administrator Marty Powers, Public Works Director <br /> Jack Griffin, City Engineer <br /> <br /> <br />ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 7 for the Water Tower <br />No. 3 project? <br /> <br />BACKGROUND: Phoenix Fabricators & Erectors, LLC was awarded a construction contract on January <br />18, 2022 for the construction of Water Tower No. 3. Work remains in progress with a milestone 1 <br />completion date of November 18, 2022, milestone 2 completion date of March 31, 2023, milestone 3 <br />completion date of July 28, 2023, substantial completion date of October 13, 2023 and final completion <br />date of November 17, 2023. <br /> <br />PROPOSAL DETAILS/ANALYSIS: Phoenix Fabricators & Erectors, LLC has submitted Partial Pay <br />Request No. 7 in the amount of $20,580.83. The request has been reviewed and payment is recommended <br />in the amount requested. In accordance with the contract documents, the City has retained 5% of the total <br />work completed. The amount retained is $86,918.97. <br /> <br />FISCAL IMPACT: None. Partial payment is proposed in accordance with the Contract for the project. <br />Payment remains within the authorized scope and budget. <br /> <br />RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent <br />Agenda, Pay Request No. 7 for the Water Tower No. 3 project. If removed from the consent agenda, the <br />recommended motion for the action is as follows: <br /> <br />“Move to approve Pay Request No. 7 to Phoenix Fabricators & Erectors, LLC. in the amount of <br />$20,580.83 for the Water Tower No. 3 project”. <br /> <br />ATTACHMENTS: <br /> <br />1. Partial Pay Estimate No. 7.