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<br />. <br /> <br />I~ <br /> <br /> <br />Re ort Number: <br />A enda Section: <br />Re ort Date <br />Council Meetin <br /> <br />the city that works fur you <br /> <br />REQUEST FOR COUNCIL CONSIDERATION <br /> <br />ITEM DESCRIPTION: CONSIDERATION OF PARTIAL PAYMENT NO.4 FOR PROJECT <br />06-1, NWQ - PHASE I GRADING IMPROVEMENTS <br />DEP ARTMENT HEAD'S APPROVAL: f4::N.W <br /> <br /> <br />CITY MANAGER'S APPROVAL: <br />No comments to supplement this re art <br /> <br />Recommendation: To approve Partial Payment No.4 in the amount of $187,148.14 for Project 06-1, <br />NWQ - Phase I Grading Improvements to North Pine Aggregate. <br /> <br />Legislative History: On March 15, 2006, the City Council approved the plans and specifications for <br />Project 06-1, Northwest Quadrant Redevelopment Phase I Grading Improvements and authorized the <br />advertisement for bids at the same meeting. Bids were received for the project on April 19, 2006, and a <br />contract was awarded to North Pine Aggregate, Inc. on April 25, 2006. <br /> <br />. Financial Impact: Please see the attached payment breakdown for payment details. <br /> <br />. <br /> <br />Explanation: This project consists of the site grading for Phase I of the Northwest Quadrant <br />redevelopment project. <br /> <br />The provisions of the contract with North Pine Aggregate specifies that the City makes a partial payment <br />to the contractor at lease once each month at regular intervals on the basis of the work performed during <br />that preceding month. This partial payment shall not exceed 95 percent of the value of the certified <br />estimate. <br /> <br />Costs and Funding: All costs for this project will be paid for from land sale proceeds. <br /> <br /> <br />Attachments <br /> <br />G:\ENG\2006proj\Project 06-1, NW Quadrant\Payments\Grading\06-1 Partial Payment4.doc <br />