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3.6 Well #10 Project Pay Application #3 Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner April 10, 2023 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.6 – Pay Application for Well #10 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 #3 to Traut Companies. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: Pay Estimate #3 includes payment for mobilization, test pumping, hauling bailed sand away, and the well report. In accordance with Minnesota Statute, the City is withholding the maximum of 5% retainage of work completed, which amounts to $13,659.25 at this time. SUPPORTING DOCUMENTS ATTACHED: • Pay Application #3 POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Application #3 in the amount of $37,012.00 to Traut Companies for work completed on the Well #10 Project. BUDGET INFORMATION FUNDING: BUDGETED: Fund 601 – Water Utility Yes