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<br /> .... <br /> October 10, 1996 <br /> File: 520-057-30 <br /> I 1326 Energy Park Dr;" Honorable Mayor and City Council <br /> 51. Paul, MN 55108 City of Arden Hills <br /> 1450 West Highway 96 <br /> I 612-644-4389 Arden Hills, Minnesota 55112 <br /> 1-800-888-2923 <br /> Fox. 612'644-9446 RE: STOWE AVENUE <br /> I FINAL PAY ESTIMATES <br /> Dear Mayor and Council: <br /> I Enclosed is a copy of the final pay estimate for the referenced project. The amount <br /> I presented in the estimate is based upon the total construction cost of the project, <br /> $340,316.25, as agreed to by Valley Paving, Inc. The amount of the final pay estimate <br /> is $19,409.39 and this amount includes $18,794.89 held as prior retainage. As all <br /> I punchlist work has been completed, MSA, Consulting Engineers recommends approval <br /> eVIL E,~G!r-..::~ING of the final pay estimate for this project. <br /> ENVIRON.~,Er.. T AL <br /> _NlelPAl If this pay estimate meets with the Council's approval, it would be appropriate to <br /> NNING make payment to Valley Paving, Inc., in the amount of $614.50. This amount reflects <br /> SDLlDWAST: the total construction amount less the retainage indicated above. The retainage should be <br /> I STRUCTURAL approved for payment as well; however, that amount should not be released to the <br /> SURVE"'ING Contractor until Minnesota Form IC-134, Consent of Surety from the Contractor's <br /> TRAfFC bonding company, and the executed Certifieate of Substantial Completion have been <br /> I TRANSP0\7A ',Q.'j recei ved by the Engineer. <br /> E~~CTRICAj"1,2Ci-jANICAL Please contact our office if you have questions or require additional information regarding <br /> I :NGINEER!~G this project. I will be present at Monday's City Council meeting to address any further <br /> H'IA( concerns the City Council may have regarding this project. <br /> POw::~ DISTRIBUTION <br /> I SCJ.OA Sincerely, <br /> SYSTEMCONTRms <br /> I MSA, CONSULTING ENGINEERS <br /> ~akE~ <br /> I <br /> ~"a"" GJS:tw <br /> Enclosures <br /> INNEAPOLl5 Mr. Brian Fritsinger, City Clerk! Administrator <br /> cc: <br /> PRIOR LAKE Mr. Terenee Post, City Accountant <br /> ST.PALlL Mr. Dwayne Stafford, Public Works Superintendent <br /> I WASECA <br /> 057-1002. uct <br /> An Equal Opportunity Employer <br />