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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: 2015 Pavement Management Program (PMP) <br />Pay Estimate #1 <br /> <br />Requested Action <br /> <br />Approve Payment #1 to Valley Paving, Inc. in the amount of $256,857.93 for the 2015 PMP <br />Improvements. <br /> <br />Background <br /> <br />The City Council awarded the 2015 PMP Improvements to Valley Paving, Inc. on May 4, 2015, <br />in the amount of $3,826,471.88. <br /> <br />Discussion <br /> <br />This first pay request includes work through May 22, 2015. Five percent is being withheld from <br />the work completed according to the contract documents. The payment is in the amount of <br />$256,857.93. Major items of work for this payment are: <br /> <br /> mobilization <br /> removal of existing bituminous <br /> storm sewer <br /> water main <br />CONSENT ITEM – 5E <br /> <br /> MEMORANDUM <br />