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Page 1 of 2 <br /> <br />DATE: May 31, 2015 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Sue Iverson, Acting City Administrator <br /> <br />FROM: John Anderson, Acting Public Works Director <br /> <br />SUBJECT: 2015 Pavement Management Program (PMP) <br />Pay Estimate #7 <br /> <br />Requested Action <br /> <br />Approve Payment #7 to Valley Paving, Inc. in the amount of $132,171.36 for the 2015 PMP <br />Improvements and approve Change Order No. 3 dealing with Valentine Park Rain Water <br />Garden. <br /> <br />Background <br /> <br />The City Council awarded the 2015 PMP Improvements to Valley Paving, Inc. on May 4, 2015, <br />the original contract amount is $3,896,796.88. <br /> <br />Discussion <br /> <br />This seventh pay request includes work through February 29, 2016. Five percent is being <br />withheld from the work completed according to the contract documents. The payment is in the <br />amount of $125,562.80. To date including pay estimate No. 7 and Change Order No. 3 the total <br />amount of work completed is $3,843,479.68 or 98.6% of the original bid amount, Major items <br />of work for this payment are: <br /> <br />• Final 2015 quantities (Venus/Crystal) <br />• Final 2015 quantities (Grant/Noble/Lake) <br />• Change Order No. 3 Valentine Park Rain Water Garden <br />CONSENT ITEM – 5F <br /> <br /> MEMORANDUM <br />