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3.9 Pay Application for Mill & Overlay 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 3.9 – Pay Application for Mill & Overlay 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 Park Construction Company. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The project has been completed and is ready for final payment. Final Payment is $516,974.91, which includes payment for the entire project and retainage. The awarded contract price was $468,077.25 making the final payment roughly 9% higher than what was originally bid. More asphalt was required due to undulation of the street causing some areas to exceed 1.5” deep as the first lift separates from the second lift causing depths to exceed the 1.5” mill. In addition, some pothole filling was needed where potholes exceeded 1.5” in depth. 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 $516,974.91 to Park Construction Company for the 2023 Street Mill & Overlay Project. BUDGET INFORMATION FUNDING: BUDGETED: Fund 201 – Pavement Management Yes, however the 2023 pavement management projects have exceeded the budgeted amount in the CIP.