THE CITY OF MONTICELLO, IOWA
RESOLUTION #18-87
Resolution to approve pay request from Snyder & Associates
related to Airport Ten-T Hangar Project
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
WHEREAS, The City Council previously hired Snyder & Associates to design and oversee the Airport Ten-T Hangar grading and paving project, and
WHEREAS, Snyder has been paid $56,552.40 related to this project to date, and
WHEREAS, Snyder & Associates has submitted a pay request in the amount of $8,800 based upon work reportedly performed by Snyder & Associates in excess of the originally agreed upon sum, and
WHEREAS, the Ten-T Hangar project is a 90/10 cost share project with the FAA paying 90% of the project costs, not to exceed $600,000, and any additional payment to Snyder would be 100% out of the City’s funds as the overall project exceeded $600,000, and
WHEREAS, the Airport fund balance as of 7/1/2018 totaled approximately $53,000 and it is anticipated that most of those sums will be used to cover the final Ten-T Hangar expenses, leaving the Airport Fund at an approximate “0” balance with a projected end of FY ’19 balance of approximately $34,000, with budgeted revenues totaling $96,895 and budgeted expenses totaling $62,750, and
WHEREAS, should the Airport fund have a shortfall, the City Council can approve a loan from the General Fund to the Airport to cover the shortfall with the Airport repaying that loan in FY ’19, and
WHEREAS, the Council finds that an additional payment in the amount of $4,400 is fair and appropriate, recognizing that Snyder definitely put additional time and effort into the project on issues for the most part out of their control.
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 16th day of July, 2018, does hereby approve an additional payment of $4,400 to Snyder & Associates in recognition of the additional work and time invested in the 2018 Ten-T Hangar project.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this July 16, 2018.
Attest: Brian Wolken, Mayor
Sally Hinrichsen, City Clerk