The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #17-96
To Approve Pay Request #2 to Utility Service Company, Inc.
Re: Water Tower Project in the amount of $183,692.
WHEREAS, The City of Monticello, Iowa is an incorporated city within Jones County, Iowa; and
WHEREAS, Utility Service Company, Inc. contracted with the City to sand blast, prime, and paint the water tower on W. 1st Street, and
WHEREAS, Utility Service Company, Inc.has submitted their second pay request which discloses total work completed to date in the amount of $386,580, which after reducing same by prior payment(s) and retainage results in a current balance due in the amount of $183,692, leaving a balance due equal to the retainage in the amount of $19,329, and
WHEREAS, The Council finds that the pay request is supported by the work completed and that the City Engineer has recommended approval of said pay request.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the second pay request from Utility Service Company, Inc., in the amount of $183,692, same reflecting the maintenance of a 5% retainer in the current amount of $19,329.
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 5th day of September 2017.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk