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Item No.8D <br />Meeting Date:January 12, 2009 <br />Type of Business: CA <br />WK: Work Session; PH: Public Hearing; <br />CA: Consent Agenda; CB: Council Business <br />City Administrator Review _______ <br />City of Mounds View Staff Report <br />To:Honorable Mayor and City Council <br />From:Joe Rhein, Consulting Engineer <br />Item Title/Subject:Resolution 7398 Accepting the County Road 10 <br />Trail, Segments 9 & 10 Project and Authorizing <br />Final Payment <br />Background: <br />On February 26, 2007 the City Council adopted Resolution 7027 awarding a <br />construction contract for the County Road 10 Trail, Segments 9 & 10 Project to <br />Jay Bros. Incorporated of Forest Lake, Minnesota in the amount of $450,920.71. <br />Discussion: <br />Jay Bros. Incorporated has requested that acceptance and final payment be <br />made by the City for the County Road 10 Trail, Segments 9 & 10 Project. All <br />work has been satisfactorily completed in accordance with the contract plans and <br />specifications. <br />The necessary contract documents have been provided. A copy of Request for <br />Payment No. 7 & Final is included with this Staff Report, along with a project <br />summary letter that provides a recap of the construction schedule and cost. <br />The original contract amount was $450,920.71. There were no change orders to <br />the project. The actual final construction cost is $452,738.61, and the final <br />payment amount is $39,214.57. <br />As noted in the project summary letter, the difference in the original contract <br />amount and the actual final construction cost is very small and is due to minor <br />variations between the estimated and actual final quantities of individual items in <br />the construction contract.