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3.10 Pay Application #2 Street Renewal Project Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner November 27, 2023 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.10 – Pay Application for Street Renewal Project 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 to Northwest Asphalt. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: Pay Application #2 includes payment for much of the reclaim project including removing pavement, sawing pavement, hauling, aggregate, driveway matching, non-wear course and wear course paving, and culverts. In accordance with Minnesota Statute, the City is withholding the maximum of 5% retainage of work completed, which amounts to $49,138.91 at this time. SUPPORTING DOCUMENTS ATTACHED: • Pay Application #2 POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Application #2 in the amount of $857,895.23 to Northwest Asphalt for work completed on the 2023 Street Renewal Project. BUDGET INFORMATION FUNDING: BUDGETED: Fund 201 – Pavement Management Yes