The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #18-123
Approving Pay Request #7 in the amount of $48,889.94 and Change Order #3 in the amount of $49,995 submitted by Taylor Construction, Inc. Re: 2018 E. 1st Street Bridge Replacement Project.
WHEREAS, Taylor Construction, Inc. contracted with the City to replace the E. 1st Street Bridge lying over Kitty Creek, and
WHEREAS, Taylor Construction, Inc. has submitted their 7th pay request in the amount of $48,889.94 which includes expenses associated with Change Order #3 and reflects a 3% retainage, with total retainage held to date after this payment in the amount of $16,338.10, and
WHEREAS, The City will be reimbursed a large portion of this expense after the submission of a request for reimbursement through the IDOT, with the funding coming from Federal Bridge Funds, and
WHEREAS, The City Engineer has reviewed pay request #7 and Change Order #3, and the work completed as part of Change Order #3 was previously approved by the City Council, and recommends their approval.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve Pay Request #7 submitted by Taylor Construction, Inc. Re: 2017 E. 1st Street Bridge Replacement Project, in the amount of $48,889.94 and Change Order #3 in the amount of $49,995 and hereby authorizes payment to Taylor Construction in the amount of $48,889.94 with 3% retainage in the amount of $16,338.10.
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 November, 2018.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, City Clerk