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MOu1vntSVVI EW <br />City of Mounds View Staff <br />Item No: 8D <br />Meeting Date: Januar 28 2 13 <br />Type of Business: Consent A a <br />Administrator Review: <br />To: Honorable Mayor and City Council <br />From: Nick DeBar, Public Works Director <br />Item Title/Subject: Resolution 8058, or 2012 Water Tower <br />Reconditioning Project and' Authorizing ng rk t <br />Final Payment to Odland <br />Protective Coatings, Inc. <br />Background/Discussion: <br />Odland Protective Coatings, Inc. submitted the lowest responsible bid for $449,800 and was <br />awarded a construction contract for the 2012 Water Tower Reconditioning Project on March <br />12, 2012 (Res. 7915). The bidding documents had separate bid schedules for an early <br />summer and late summer/fall construction schedule. Odland was awarded the late <br />summer/fall schedule contract which was $109,600 less than the early summer low bid price. <br />The project began in August 2012 and was substantially complete on October 16, 2012 — the <br />date that the two-year warrantee period begins. <br />A construction contingency of $45,000, or 10%, was also approved with the contract award for <br />an approved construction budget of $494,800. The 2012 Budget included $700,000 for the <br />water tower reconditioning. One change order was executed for a credit of $1,150 related to a <br />paint specification change for the logo. The logo paint used is the same paint specification as <br />the tower base and no change in life expectancy is anticipated. The following is a summary of <br />the final construction costs: <br />Original Contract Amount: $ 449,800 <br />Change Orders (1): +( 1,150) credit for logo paint material <br />construction budget of $494, 800 <br />Final Construction Cost: $ 448,650 $46,150 below <br />The remaining payment amount owed to Northwest Asphalt is for $1,000. <br />Recommendation: <br />Public Works (and KLM Engineering) recommend that the City Council adopt the attached <br />resolution to accept the construction work and release final payment for the 2012 Water <br />Tower Reconditioning Project. Odland Protective Coatings has submitted IC -134 forms (as <br />required for project close-out). The final pay application is being processed under "Payment <br />of Claims' on tonight's meeting agenda under the water enterprise fund. <br />Respectfully submitted, <br />&� p gv_�� - <br />Nick DeBar - Public Works Director <br />