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Item 3.19 Well 11 Project Pay Application 7 Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner December 9, 2024 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.19 – Pay Application for Well #11 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 #7 for the Well 11 Project. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: This pay application is for water analysis. In accordance with Minnesota Statute, the City is withholding the maximum of 5% retainage of work completed, which amounts to $20,448.68 at this time. SUPPORTING DOCUMENTS ATTACHED: • Pay Application #7 POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Estimate #7 to Traut Companies in the amount of $2,565.00 for the Well #11 Project, City Project No. 23-05. BUDGET INFORMATION FUNDING: BUDGETED: Fund 601 – Water Utility Yes