The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #16-125
Approving Pay Request #4 in the amount of $113,672.34 submitted by Eastern Iowa Excavating & Concrete related to the E. South Street Reconstruction project.
WHEREAS, The City of Monticello, Iowa is an incorporated City within Jones County, Iowa; and
WHEREAS, Eastern Iowa Excavating & Concrete, Inc. contracted with the City to perform specified improvements associated with the reconstruction of E. South Street, and
WHEREAS, Eastern Iowa has submitted their 4th pay request in the amount of $113,672.34 which reflects 5% retainage, with total retainage held to date after this payment in the amount of $33,991.86 and total payments after this payment in the amount of $645,845.27, and
WHEREAS, The City Engineer has reviewed the pay request and recommends its approval.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #4 submitted by Eastern Iowa Excavating & Concrete, Inc. and authorizes payment in the amount of $113,672.34, maintaining a current retainage of $33,991.86.
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