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MEMO TO: Clerk -Administrator and City Council ////���� <br />FROM: Director of Public Works/Community Developme.ntlar.4� <br />DATE: November 14, 1984 ��"" <br />SUBJECT: ACCEPTANCE OF CITY PROJECT 84-4 AND FINAL PAYN.ENT <br />Midwest Asphalt Corporation, contractor for City Project 84-4, <br />has completed the contract. The contractor reconstructed <br />Groveland Road from Laport to Ardan and Ardan Avenue from <br />Groveland to Fairchild. He also patched, seal coated, and <br />overlayed streets in the southern portion of the City. A map <br />of the City entitled, "Plans for Street Maintenance Project <br />1984-4", dated June 14, 1984 is attached for your review. <br />The City's contract with Midwest Asphalt Corporation is in <br />the amount of $138,138.50. The contractor has completed the <br />work for a total cost of $109,988.51. We are presented <br />retaining $3,447.11. <br />I recommend that the City accept the project and authorize final <br />payment and release of the retainage in the amount of $3,447.11. <br />The cost savings of approximately $30,000.00 is due to the fact <br />that soil correction work on the Groveland and Ardan reconstruction <br />area was not as extensive as previously anticipated. <br />SWT/bc <br />Attachment <br />