The City of Monticello, Iowa
RESOLUTION #2024-121
Approving Pay Request #3 to Eastern Iowa Excavating & Concrete, LLC,
Re: N. Chestnut Street Reconstruction Project in the amount of $196,690.66
WHEREAS, The City of Monticello, Iowa is an incorporated city within Jones County, Iowa; and
WHEREAS, Eastern Iowa Excavating & Concrete, LLC contracted with the City to reconstruct North Chestnut Street, and
WHEREAS, Eastern Iowa Excavating & Concrete, LLC has submitted their third pay request in the amount of $196,690.66 same reflecting the maintenance of a 5% retainer in the current amount of $21,878.24, and
WHEREAS, The Council finds that the pay request is supported by the work completed and that the City Engineer has recommended approval of said pay request.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the third pay request from Eastern Iowa Excavating & Concrete, LLC, in the amount of $196,690.66, same reflecting the maintenance of a 5% retainer in the current amount of $21,878.24.
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 August 2024.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer