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Item 3.6 Carricks Landing Park Project Pay Application 3 Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner February 10, 2025 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.6 – Pay Application for Carrick’s Landing Park 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. X 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 Vada Contracting, LLC. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The amounts requested for Pay Application #3 are consistent with the work progress to date and include payment for bituminous, boardwalk, wood deck and railing, benches, refabricated shelter and footing, picnic tables, and bike racks. The remaining work is site restoration in the spring. In accordance with Minnesota Statute, the City is withholding the maximum of 5% retainage of work completed, which amounts to $21,276.40 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 $160,907.12 to Vada Contracting, LLC for work completed on the Carrick Landing Improvements Project. BUDGET INFORMATION FUNDING: BUDGETED: Fund 203 – Park Development Yes To (Owner): City of Otsego Project: Carrick Landing Improvements Application For Payment Change Order Summary Approved Change Orders Number Additions1 $8,100.00 TOTALS $8,100.00 NET CHANGE BY $8,100.00 CHANGE ORDERS Contractor's Application for Payment No.I Application Through January 8, 2025 Application Date: Period: From (Contractor): Via (Engineer): Vada Contracting, LLC Deductions $0.00 1.ORIGINAL CONTRACT PRICE ............................................ . 2. Net change by Change Orders .................................................. . 3.Current Contract Price (Line 1 ±2) ........................................ .. 4.TOTAL COMPLETED AND STORED TO DATE 5.RET AINAGE: a.5% b.0% X X Work Completed ..................... . Stored Material ....................... . c. Total Retainage (Line 5.a + Line 5.b) ........................... . 6.AMOUNT ELIGIBLE TO DATE (Line 4-Line 5.c) ............ .. 7. LESS PREVIOUS PAYMENTS ............................................... . 8. AMOUNT DUE THIS APPLICATION ................................... , 3 January 14, 2025 Hakanson Anderson $ $458,702.01 $ $8,100.00 $ $466,802.01 $ $425,527.96 $ $ $21,276.40 $ $0.00 $ $21,276.40 $ $404,251.56 $ $243,344.44 $ $160,907.12 Contractor's Certification ENGINEER: HAKANSON AND The undersigned Contractor certifies, to the best of its knowledge, the following: (I) All previous progress payments received from Owner on account of Work done under the Contract have been appliedon account to discharge Contractor's legitimate obligations incurred in connection with the Work covered by prior Applications for Payment; (2) Title to all Work, materials and equipment incorporated in said Work, or otherwise listed in or covered by this Application for Payment, will pass to Owner at time of payment free and clear of all Liens, security interests, and encumbrances (except such as are covered by a bond acceptable to Owner indemnifying Owner against any such Liens, security interest, or encumbrances); and (3) All the Work covered by this Application for Payment is in accordance with the Contract Documents and is not defective. Contractor Sienature By: IDate: •nt for work and quantites shown. (Owner) Date 1/31/2025