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Page 1 of 2 <br /> <br />DATE: October 13, 2014 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: John Anderson, Assistant City Engineer <br /> <br />SUBJECT: Round Lake Road Area Improvement - Payment #4 <br /> <br />Requested Action <br /> <br />Approve Payment #4 to Meyer Contracting, Inc., in the amount of $172,384.30 for the Round <br />Lake Road Area Improvement. <br /> <br />Background <br /> <br />The City Council awarded the Round Lake Road Area Improvement to Meyer Contracting, Inc., <br />on May 12, 2014, in the amount of $1,766,605.41. <br /> <br />Discussion <br /> <br />This fourth pay request includes work through September 26, 2014. Five percent is being <br />withheld from the work completed according to the contract documents. The payment is in the <br />amount of $172,384.30. Major items of work for this payment are: <br /> <br /> storm sewer <br /> gravel base <br /> subgrade preparation <br />CONSENT ITEM – 5B <br /> <br /> <br />MEMORANDUM <br />