The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #16-119
Approving Pay Request #3 in the amount of $364,242.26, and Change Order #1, 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 3nd pay request in the amount of $364,242.26 which reflects 5% retainage, with total retainage held to date after this payment in the amount of $28,009.10 and total payments after this payment in the amount of $532,172.93, and
WHEREAS, Eastern Iowa has also submitted Change Order #1 in the total amount of $4,001, and
WHEREAS, The City Engineer has reviewed the both the pay request and Change Order #1 and recommends that both be approved.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #3 submitted by Eastern Iowa Excavating & Concrete, Inc. and authorized payment in the amount of $364,242.26, and further approves Change Order #1 in the amount of $4,001, the payment related thereto being included within the approved Pay Request #3 subject to a 5% retainage.
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 21st day of November, 2016.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk