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<br />II~ <br />. 'BRIGHf(l\J <br /> <br />the city that wor*s f(Jr you <br /> <br /> <br />Re ort Number: <br />A enda Section: <br />Re ort Date Se tember 15, 2006 <br />Council Meeting Date <br /> <br />. REQUEST FOR COUNCIL CONSIDERATION <br /> <br />. <br /> <br />. <br /> <br />ITEM DESCRIPTION : CONSIDERATION OF PARTIAL PAYMENT 3 FOR PROJECT 06-1, <br />NWQ - PHASE [ UTILITIES, STREETS, STREETS CAPE, AND <br />STREET LIGHTING <br />DEP ARTMENT HEAD'S APPROV AL: ~w <br /> <br />CITY MANAGER'S APPROVAL: <br />No comments to su lement this repo <br /> <br /> <br />Comments attached <br /> <br />Recommendation: To approve contract Partial Payment 3 for Project 06-1, NWQ - Phase I <br />Utilities, Streets, Streetscape, and Street Lighting in the amount of $201,911.19 to Northdale <br />Construction Co. Inc. <br /> <br />Legislative History: The City Council ordered this project on March 28, 2006, and awarded a <br />construction contract to Northdale Construction Co. Inc. in the amount of$1,453,125.19. <br /> <br />Financial Impact: Please see attached payment breakdown for details. <br /> <br />Explanation: This project consists of the installation of sanitary sewer, storm sewer, watermain, <br />streets, sidewalks, ornamental street lighting, and the streetscaping in Phase I of the Northwest <br />Quadrant redevelopment project. <br /> <br />The provisions of the contract with Northdale Construction stipulates that the City makes a <br />partial payment to the contractor at lease once each month at regular intervals on the basis of the <br />work performed during that preceding month. This partial payment shall not exceed 95 percent <br />of the value of the certified estimate. <br /> <br />Costs and Funding: All costs for this project will be paid for from land sale proceeds. <br /> <br /> <br />Attachment <br /> <br />G:IENGI2006proj\Project 06- t, NW Qu.dr.nt\P.yme"t.\S<rcct & Utilitie.\06-1 utility Partial Payment 3,doc <br />