The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #19-117
Approving payment of retainage to Eastern Iowa Excavating & Concrete related to the Downtown Parking Lot Project in the amount of $6,999.86.
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 a new downtown parking lot, alleyway improvements, and ramp improvements to access the Pocket Park, and
WHEREAS, Eastern Iowa has been paid for their work with the exception of the retainage that has been held by the City since approval and payment of the 3rd pay request, said retainage in the amount of $6,999.86, and
WHEREAS, The retainage had been held pending the receipt of a lien waiver from the fencing contractor that was never delivered based upon a dispute between Eastern Iowa and the fence contractor, but with the passage of time a lien waiver is no longer required and payment of the retainage is appropriate, and
WHEREAS, The Council finds that the retainage should be paid at this time.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve payment of retainage to Eastern Iowa Excavating & Concrete, Inc. in the amount of $6,999.86 related to the Downtown Parking Lot project.
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 August, 2019.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, City Clerk