The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #17-79
Approving Pay Request #5 in the amount of $33,325.77 and Change Order #2, a reduction of $21,642.82 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 5th pay request in the amount of $33,325.77 which reflects 5% retainage, with total retainage held to date after this payment in the amount of $35,745.84 and total payments after this payment in the amount of $679,171.04, and
WHEREAS, The pay request also takes into account final quantity review and adjustment by the City Engineer, resulting in a base bid deduct in the amount of $21,642.82, and
WHEREAS, The City Engineer has reviewed pay request #5 and Change Order #2 and recommends their approval.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #5 submitted by Eastern Iowa Excavating & Concrete, Inc. and authorizes payment in the amount of $33,325.77, maintaining retainage of $35,745.84.
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 3rd day of July, 2017.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk