The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #17-115
Approving Pay Request #2 in the amount of $133,130.74 and Change Order #1 in the amount of $26,447.23, submitted by Eastern Iowa Excavating & Concrete Re: 2017 Main Street HMA Project.
WHEREAS, Eastern Iowa Excavating & Concrete contracted with the City to perform the 2017 Main Street HMA project, and
WHEREAS, Eastern Iowa Excavating & Concrete has submitted their 2nd pay request in the amount of $133,130.74 which reflects 5% retainage, with total retainage held to date after this payment in the amount of $25,997.54, and
WHEREAS, Eastern Iowa Excavating & Concrete has also submitted Change Order #1 in the amount of $26,447.23, said Change Order being largely tied to increased costs associated with curb and gutter replacements, full depth repair patches, and asphalt, and
WHEREAS, The City will be reimbursed a large portion of this expense after the submission of a request for reimbursement through the IDOT, and
WHEREAS, The City Engineer has reviewed pay request #2 and Change Order #1 and recommends their approval.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #2 submitted by Eastern Iowa Excavating & Concrete, Re: 2017 Main Street HMA project, and authorizes payment in the amount of $133,130.74, maintaining a 5% retainage that totals $25,997.54 after this payment, and also approves Change Order #1 in the amount of $26,447.23
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 2nd day of October, 2017.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk