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<br /> <br /> <br /> B Of Report Number: 0(2 -1 <br /> M Agenda Section: <br /> T <br /> RG~M Report Date August 9, 2006 <br /> Mee city that works for you <br /> Council Meeting Date August 22, 2006 <br /> REQUEST FOR COUNCIL CONSIDERATION <br /> ITEM DESCRIPTION:' CONSIDERATION OF FINAL PAYMENT FOR PROJECT 06-1, <br /> NW - PHASE I STOCKPILE DISPOSAL <br /> DEPARTMENT HEAD'S APPROVAL: &Ak% / <br /> CITY MANAGER'S APPROVAL: <br /> No comments to supplement this report C O^r-omments attached <br /> <br /> <br /> Recommendation: To approve the contract Final Payment for Project 06-1, NWQ - Phase I <br /> Stockpile Disposal in the amount of $156,685.52 to Midwest Asphalt Corporation. <br /> <br /> <br /> Legislative History: The City Council awarded a construction contract in the amount of <br /> $577,600 to Midwest Asphalt Corporation on May 2, 2006. <br /> <br /> <br /> Financial Impact: Original Contract Amount $577,600.00 <br /> Total Amount of Work Completed $570,047.58 <br /> Total of Partial Payments $413,362,06 <br /> Total of Final Payment $156,685.52 <br /> <br /> Explanation: It was estimated that 80,000 cubic yards of material would be moved and <br /> disposed of off-site under this contract. The actual total quantity moved was 85,938 cubic yards. <br /> A portion of the material was able to be relocated on-site for a negotiated lower price per cubic <br /> yard resulting in an overall contract savings of $7,552.42. Please see the attached final payment <br /> breakdown. <br /> <br /> <br /> <br /> Costs and Funding: All costs for this project will be paid for from land sale proceeds. <br /> <br /> <br /> <br /> <br /> <br /> <br /> Grant A W ffels, P. . <br /> Director of Public Works <br /> <br /> <br /> . Attachment <br /> <br /> <br /> <br /> (i:\FNG\2006proi\llrajcct 06-1, NW Quadrant\Paymetits\Stockpiit RcmovaH06-1 Stnckpile Final Payment Council Rcport.doc <br />