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4.8 2022 Street Maintenance Project Pay Request #2 (Final) Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner January 9, 2023 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 4.8 – Pay Application for Street Maintenance STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. X Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City Staff is recommending City Council approval of Pay Application #2 (Final) to Asphalt Surface Technologies Corporation. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The 2022 Street Maintenance Project has been completed. The Pavement Management Program, which is part of the Capital Improvement Plan for the City of Otsego, had total funding of $984,422, with $105,505 estimated for the work included within the bid. The Engineers Estimate presented to council for approval of the plans and specifications was $115,485.10. The Original Bid amount was for $91,506.35. The Final Total project cost is $86,895.73. SUPPORTING DOCUMENTS ATTACHED: • Pay Application #2 (Final) POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Application #2 (Final) in the amount of $4,344.79 to Asphalt Surface Technologies Corporation for work completed on the 2022 Street Maintenance Project, City Project No. 22-01. BUDGET INFORMATION FUNDING: BUDGETED: Fund 201 – Pavement Management Yes