HomeMy WebLinkAboutVI-02 - Final Payment for 2018 Mill & Overlay Program City Council Memorandum
To: Mayor Hicks & City Council Members
From: John Caven – Assistant City Engineer
Date: November 5, 2018
Item: Approve Final Payment – 2018 Mill & Overlay Program
COUNCIL ACTION REQUESTED
Council is requested to adopt the attached resolution approving final payment to Park Construction on the 2018
Mill & Overlay Program.
BACKGROUND INFORMATION
The project work was completed in July, 2018 and the punchlist was completed in early October, 2018.
FINANCIAL IMPACT
The budget for the mill and overlay program is $450,000. The final construction cost for the mill and overlay
project is $415,082.78, which is 8.4% less than the allowable budget. Final total cost, including material testing, is
$427,921.28, which is 5.1% less than the allowable budget.
STAFF RECOMMENDATION
Staff is recommending that the City Council adopt the attached resolution approving final payment for the
project.
VI-02
CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO.
RESOLUTION ACCEPTING WORK AND ORDERING FINAL PAYMENT
FOR PROJECT 2018 MILL & OVERLAY PROGRAM
WHEREAS, pursuant to a written contract signed with the City of Hastings on May 21, 2018, Park Construction has
satisfactorily completed the 2018 Mill & Overlay Program.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HASTINGS AS FOLLOWS; that the Clerk
and Mayor are hereby directed to issue a proper order for the final payment of $18,581.06 on the above said
project for such contracts, taking the contractor receipt in full.
ADOPTED BY THE CITY COUNCIL OF HASTINGS, MINNESOTA, THIS 19TH DAY OF NOVEMBER, 2018.
Ayes:
Nays:
Paul J. Hicks, Mayor
ATTEST:
Julie Flaten, City Clerk
SEAL
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