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The work for the proj ect is complete. However, City staff is proposing to retain $4,33 8.27 <br />(S% due to the contractor) over the winter months until Public Works and Engineering <br />staff can inspect the proj ect in the spring of 2011. At that time, the contractor will correct <br />any defective work and the contract with North Valley, Inc. will be closed-out. <br />Financial Implications <br />This proj ect will be paid for using PIR funds. A portion of the cost for the construction of <br />the concrete sidewalk will be assessed to Inland Properties. <br />Council Action Requested <br />�,_ <br />Approve Change Order # 1 and Payment # 1 to North Valley, Inc. in the amount of <br />$ 82,427.17 for the Lexington Avenue Sidewalk and Trail Proj ect. <br />City Council Meeting <br />\�Metro-inet\ardenhills�Admin\Council�.Agendas & Packet Information�2010\ 11-15-10 Special Mtg\ 11-15- <br />1 OMemo_Lexington-Sidewalk_Payment# 1.doc <br />Page 2 of 2 <br />