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CONSENT ITEM <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: July 29, 2013 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Terry Maurer, Public Works Director <br /> <br />SUBJECT: Valentine Park Improvements-Payment #4 <br /> <br />Budgeted Amount: Actual Amount: Funding Sources: <br />$321,757.00 $327,760.93 PIR, Surface Water <br />(Original Contract Award) ($323,991.54 earned to date) Management and Sanitary <br />Sewer Funds <br /> <br /> <br />Requested Action <br /> <br />Approve Pay Estimate #4 to Interstate Pavement Maintenance in the amount of $112,137.26. <br /> <br />Background <br /> <br />The City of Arden Hills awarded Interstate Pavement Maintenance of Forest Lake, Minnesota, the <br />Valentine Park Improvement Project on April 30, 2012, for a total contract amount of $321,757.00. <br />There have been two change orders. The first decreased the total cost by $3,014.85 and the second <br />added $9,018.78, resulting in a total contract amount of $327,760.93. <br /> <br />Discussion <br /> <br />This pay estimate covers all work performed in 2013. The major components of this work <br />include the parking lot, trail construction, basketball court, picnic shelter foundation and the <br />concrete work in the park. The bulk of the work covered by this pay estimate will be funded by <br /> <br />the PIR fund with a small amount funded by the Surface Water Management fund. <br /> <br />Attached is a copy of Pay Estimate #4 and a letter from Elfering and Associates recommending <br />payment to Interstate Pavement Management. <br /> <br />Attachments <br /> <br /> <br /> <br />1.Pay Estimate #4 <br /> <br />2.Letter from Elfering and Associates <br />11 <br />Page of <br /> <br />