Loading...
3.8 2023 Micro Surfacing Final Pay Application 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 3.8 – Pay Application for Street Microsurfacing 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 #1 (Final) to Asphalt Surface Technologies Corp. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The 2023 Street Microsurfacing Project has been completed and is ready for final payment. Final Payment is $496,496.39, which includes payment for the entire project and retainage. SUPPORTING DOCUMENTS ATTACHED: • Pay Application #1 (Final) POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Application #1 (Final) in the amount of $496,496.39 to Asphalt Surface Technologies Corp. for the 2023 Street Microsurfacing Project. BUDGET INFORMATION FUNDING: BUDGETED: Fund 201 – Pavement Management Yes