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Item No: 7E <br />Meeting Date: October 26, 2015 <br />Type of Business: Council Business <br />Administrator Review: ____ <br /> <br />City of Mounds View Staff Report To: Honorable Mayor and City Council <br />From: Brian Erickson, Public Works Director <br /> Brandon Stenglein, Public Works Project Coordinator <br />Item Title/Subject: Resolution 8470, Accepting the Work and Approving Final Payment <br />for the 2015 Masonry Rehabilitation at 2MG Ground Reservoir, Well <br />No. 2 & the Booster Station Project <br /> <br />Background/Discussion: <br />Cities Masonry Restoration, Inc. submitted the lowest responsible bid and was awarded the <br />contract for the 2015 Masonry Rehabilitation at 2MG Ground Reservoir, Well No. 2 & the <br />Booster Station Project (Res. 8397). Construction was substantially complete on August 3, <br />2015 – the date that the two-year warrantee period begins. <br /> <br />During the project one contract modification in the amount of $2,560 was required to complete <br />additional tuck pointing and lintel repairs. This modification is within the construction <br />contingency amount of $12,260 approved in Resolution 8397. A punch list was prepared after <br />substantial completion for the remaining minor work and/or repairs left to complete before <br />project close-out. At this point Cities Masonry Restoration, Inc. has met all requirements of the <br />contract documents in a satisfactory manner and has submitted all IC-134 forms and other <br />required project closeout documents. The City has been withholding 18% of the value of all <br />completed work pending completion of the punch list and close-out requirements. The following <br />is a summary of the final construction costs: <br /> <br />Original Contract Amount: $ 122,600.00 <br />Change Orders (1): + $ 2,560.00 <br />Revised Contract Amount: $ 125.160.00 <br />Actual Construction Cost: $ 125,160.00 <br /> <br />The final payment amount to Cities Masonry Restoration, Inc. is $22,408.00. <br /> <br />Recommendation: <br />Public Works recommends that the City Council adopt the attached resolution to accept the <br />construction work and release final payment of $22,408.00 for the 2015 Masonry Rehabilitation <br />at 2MG Ground Reservoir, Well No. 2 & the Booster Station Project. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />Brian Erickson – Public Works Director/City Engineer