The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #11-86
Approving payment of Retainage to Horsfield Construction Company,
related to South Cedar Street Reconstruction Project
in the Amount of $71,122.74
WHEREAS, The South Cedar Street Reconstruction project has been completed and more than thirty (30) days has passed since final acceptance, and
WHEREAS, The City has, pursuant to their contract with Horsfield, retained sums due during the course of the project, said retainage presently totaling $71,122.74, and
WHEREAS, The City Engineer, Snyder and Associates, has recommended to the City that the retainage be paid in full at this point.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Monticello, Iowa hereby approve payment of the retainage due Horsfield Construction in the amount of $71,122.74.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed this 6th day of June, 2011.
John Sauser, Mayor Pro Tem
Attest:
Sally Hinrichsen, City Clerk