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Of Report Number: rW Agenda Section: - 2 T1MReport Date August 9, 2006 the city that works for you Council Meeting Date August 22, 2006 REQUEST FOR COUNCIL CONSIDERATION ITEM DESCRIPTION: CONSIDERATION OF PARTIAL PAYMENT 2 FOR PROJECT 06-1, NWQ - PHASE I UTILITIES, STREETS, STREETSCAPE, AND STREET LIGHTING DEPARTMENT HEAD'S APPROVAL: C-^W CITY MANAGER'S APPROVAL: No comments to supplement this report Comments attached Recommendation: To approve contract Partial Payment 2 for Project 06-1, NWQ - Phase I Utilities, Streets, Streetscape, and Street Lighting in the amount of $249,420.97 to Northdale Construction Co. Inc. Legislative History: The City Council ordered this project on March 28, 2006, and awarded a construction contract in the amount of $1,453,125.19 to Northdale Construction Co. Inc. Financial Impact: Please see attached payment breakdown for details. Explanation: This project consists of the installation of sanitary sewer, storm sewer, watermain, streets, sidewalks, ornamental street lighting, and the streetscaping in Phase I of the Northwest Quadrant redevelopment project. The provisions of the contract with Northdale Construction stipulates that the City makes a partial payment to the contractor at lease once each month at regular intervals on the basis of the work performed during that preceding month. This partial payment shall not exceed 95 percent of the value of the certified estimate. Costs and Funding: All costs for this project will be paid for from land sale proceeds. Gr t M. WyVeWorks Director of Pu• Attachment GAENG\2006proj\Projmt 06.1, NW Quadrant\Payments\Street & Utilities\06-1 Utility Partial Payment 2.doc