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Page 1 of 2 <br /> <br />DATE: June 8, 2015 <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 #8 <br /> <br />Requested Action <br /> <br />Approve Payment #8 to Meyer Contracting, Inc., in the amount of $327,824.88 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 eighth pay request includes work through May 22, 2015. Five percent is being withheld <br />from the work completed according to the contract documents. The payment is in the amount of <br />$327,824.88. Major items of work for this payment are: <br /> <br /> concrete curb and gutter <br /> bituminous base <br /> trail construction <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Financial Implications <br />CONSENT ITEM – 5C <br /> <br /> MEMORANDUM <br />