The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION # 11- 173
Approving Eastern Iowa Excavating & Concrete, LLC Pay Request #5 Re: 2011
2nd Street Reconstruction Project, in the amount of $136,745.91
WHEREAS, Eastern Iowa Excavating & Concrete, LLC contracted with the City to complete the reconstruction of E. 2nd Street, and
WHEREAS, The above-referenced project is proceeding, and Eastern Iowa Excavating & Concrete LLC has submitted their fifth pay request, and
WHEREAS, The City Engineer has reviewed the pay request and recommends that same be approved in the amount $136,745.91, and
WHEREAS, The Council notes that the original project date of November 1, 2011 has passed, and that the extension previously discussed and approved of November 21st has also passed with the project not being complete, and
WHEREAS, Based thereon, the Council finds that a decision on the imposition of penalties as permitted under the contract should be withheld until the spring of 2012 after the project has been completed with the understanding that the contractor will make the completion of this project his first priority in the spring of 2012, and, assuming the project is satisfactorily and timely completed in the early spring of 2012 the Council would not consider penalties but for potential penalties that could have been assessed or accrued between November 1st and November 21st, 2011.
WHEREAS, It otherwise appears that the pay request is appropriate and should be approved.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #5 Re: 2011 2nd Street Reconstruction Project, payable to Eastern Iowa Excavating & Concrete LLC in the amount of $136,745.91.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 5th day of December, 2011.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, Monticello City Clerk