Laserfiche WebLink
Page 1 of 1 <br /> <br />DATE: <br /> <br />TO: <br />September 8, 2014 <br /> <br />Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Terry Maurer, Public Works Director <br /> <br />SUBJECT: Valentine Park Improvements - Final Payment #5 <br /> <br />Requested Action <br /> <br />Approve Final Pay Estimate #5 to Interstate Pavement Maintenance in the amount of $16,199.58. <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. The final construction amount <br />is $323,991.54; slightly under the Contract amount. <br /> <br />Discussion <br /> <br />This pay estimate represents release of all retainage. All final paperwork required by the Contract <br />has been submitted and all punch list items have been successfully completed. <br /> <br />Attachments <br /> <br />1. Attachment A: Pay Estimate #5 <br />2. Attachment B: Letter from Elfering and Associates <br />CONSENT ITEM – 6D <br /> <br /> <br />MEMORANDUM <br />