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HomeMy WebLinkAbout2022-11-21 I01I_13 NW 2nd St, NW Venture Dr to NW Douglas Pkwy_Release RetainageAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: November 21, 2022 AGENDA ITEM:Consideration of approval of Release of Retainage to Elder Corporation for the NW 2nd Street Project, NW Venture Drive to NW Douglas Parkway, in the amount of $248,702.58. FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: Elder Corporation has completed the project and is requesting the release of retainage. Foth recommends release of the retainage. Lien waivers have been received. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$248,702.58 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the remaining release of retainage to Elder Corporation for the NW 2nd Street Construction – NW Venture Drive to NW Douglas Parkway Project in the amount of $248,702.58 ATTACHMENTS: I. Letter of Recommendation PREPARED BY:Beth Richardson REVIEWED BY:Sara Kappos SKK PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: I1I13 8191 Birchwood Court, Suite L Johnston, IA 50131 Phone: (515) 254-1393 Fax: (515) 254-1642 November 1, 2022 Sara Kappos, P.E. Assistant Public Works Director 805 University Avenue Waukee, IA 50263 RE: Pay Request #15 – RETAINAGE RELEASE NW 2nd Street Construction NW Venture Drive to NW Douglas Parkway Dear Ms. Kappos: Attached please find a detailed Pay Request for City Council approval on November 21, 2022. Submitted Quantity • Release of 5% retainage Pending submittal and review of the project lien waivers and consent of Surety from the bonding company. If City Staff concurs with this payment, we recommend the City of Waukee pay Elder Corporation of Pleasant Hill, Iowa in the amount of $248,702.58 for the work completed. Please let me know if you have any questions or need additional information. Sincerely, Foth Infrastructure and Environment, LLC Andy Floy, P.E. Lead Civil Engineer Encl: Pay Request #15 dated 10/27/2022