The City of Monticello, Iowa
RESOLUTION #2024-73
Approving Pay Request #1 to Tank Pro, Inc., Re: South Water Tower Repainting and Maintenance Project in the amount of $87,523.50
WHEREAS, The City of Monticello, Iowa is an incorporated city within Jones County, Iowa; and
WHEREAS, Tank Pro, Inc. contracted with the City to sand blast, prime, paint and do maintenance on the South water tower, and
WHEREAS, Tank Pro, Inc. has submitted their first pay request in the gross amount of $92,130.00 which, after reducing same by the contractually agreed upon 5% retainer, reduces the current amount due to $87,523.50, 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 first pay request from Tank Pro, Inc., in the amount of $87,523.50, same reflecting the maintenance of a 5% retainer in the current amount of $4,606.50.
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 6th day of May 2024.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer