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\ orte/nt <br /> 411 MEMORANDUM <br /> Memo To :Mayor and City Council Members <br /> From :Ric Minetor, Director of Public Works/City Engineer <br /> Date :March 21, 1990 <br /> Subject :Final Payment Request - Lametti & Sons <br /> Sysco Development - Project 88-15 <br /> We have received a request for the final payment for the public <br /> improvement portion of the Sysco development. This request has <br /> been reviewed by the engineer and recommended for payment. The <br /> total project cost is $575 , 308 . 28 . Previous payments total <br /> $543,795.36 leaving a final payment of $31,512.92. The contract <br /> amount was $517, 929.50, the final cost over-ran the original <br /> contract by $57,378.78 ( 11% ) . The over-run resulted from a <br /> number of items. Additional materials were required for some <br /> segments of the work, additional work was required in the grading <br /> efforts, and unknown site conditions ( the existence of the <br /> construction material dump ) all contributed to the over-run. <br /> I recommend approval of this payment request in the amount of <br /> $31,512.92 to be charged to account # 480-4121-705. <br /> • <br /> • <br />