The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #17-105
To approvepayment of retainage to B & J Hauling and Excavating
related to 10 T Hangar grading and paving 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 now satisfactorily completed the project but for the application of fertilizer to the previously seeded area, and
WHEREAS, The City currently holds retainage in the amount of $3,871.28, however, in return for the agreement of the City to utilize City staff and equipment, B & J agreed to reduce the amount due B & J by $500, and
WHEREAS, B & J further agreed to see to the application of fertilizer of a suitable type and quantity to the previously seeded areas, and
WHEREAS, The City Engineer approves of the final payment of retainage to the Contractor so long as all applicable lien waivers are received and fertilizer is applied.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Payment of final retainage to B & J Hauling and Excavating in the amount of $3,371.28, same reflecting a $500 reduction based upon work completed by City staff, with said payment to be made after the receipt of all lien waivers and the application of fertilizer to the areas of concern by B & J or their subcontractor.
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 18th day of September, 2017.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk