The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #16-124
Approving Pay Request #3 in the amount of $9,067.98, submitted by B & J Hauling and Excavating related to the 2016 Grading & Apron Extension for Future 10-unit Hangar project.
WHEREAS, B & J Hauling and Excavating contracted with the City to perform specified improvements associated with the Airport Hangar grading and paving project, and
WHEREAS, B & J Hauling and Excavating has substantially completed the project, with final work including the collection of rocks from graded area and seeding to take place in the spring of 2017, and
WHEREAS, The City Engineer has recommended that the City reduce the retainage from 5% to 2% at this time based upon the limited amount of work left to complete and to pay the difference of $9,067.98 at this time, resulting in a retainage of $3,871.28 that will be held until the spring 2017 work has been completed, and
WHEREAS, The City Council finds, on the advice and recommendation of the City Engineer that the 3rd pay request in the amount of $9,067.98 should be, and is hereby approved.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #3 submitted by B & J Hauling and Excavating in the amount of $9,067.98 after reducing the total amount due by a 2% retaining, directing that payment be made to B & J Hauling and Excavating in the amount of $9,067.98 and that the City hold retainage in the amount of $3,871.28 until satisfactory project completion.
IN THE TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 19th day of December, 2016.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk