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• <br />Of <br />1WBRUATrON <br />the city that works tier you <br />REQUEST FOR COUNCIL CONSIDERATION <br />Report Number 07-186 <br />Agenda Section V1-5 <br />Report Date July 19, 2007 <br />_Council Meeting Date July 24, 2007 <br />ITEM DESCRIPTION: CONSIDERATION OF PARTIAL PAYMENT 1 FOR PROJECT 07-3, <br />OLD HIGHWAY 8 NW RECONSTRUCTION <br />DEPARTMENT HEAD'S APPROVAL: C;.,,4ua <br />CITY MANAGER'S APPROVAL: <br />Comments attached <br />No comments to supplement this report <br />Recommendation: To approve contract Partial Payment 1 for Project 07-3, Old Highway 8 NW <br />Reconstruction in the amount of $141,503.11 to North Pine Aggregate, Inc. <br />• <br />0 <br />Legislative History: The City Council awarded a contract to North Pine Aggregate on June 12, <br />2007. On July 10, 2007, the City Council approved Change Order No. 1 which added three items to <br />the contract that deal with a MnDOT storm sewer permit for working in the 1694 right-of-way. <br />Financial Impact: Please see attached payment breakdown for details. <br />Explanation: Project 07-3 consists of the reconstruction Old Highway 8 NW from 1694 to the Long <br />Lake Regional Park entrance. <br />The provisions of the contract with North Pine Aggregate, Inc. stipulate that the City makes a partial <br />payment to the contractor at lease once each month at regular intervals on the basis of the work <br />performed during that preceding month. This partial payment shall not exceed 95 percent of the <br />value of the certified estimate. <br />Costs and Funding: The construction portion of this project is being funded from a combination of <br />funding sources including a Mn/DOT grant, EPA grants, Municipal State Aid funds, Ramsey County <br />Cooperative Agreement funds, City Utility funds, and TIF Bond proceeds as outlined in the <br />Feasibility Report. <br />Grant M. yffels, <br />Director of Public <br />Attachments