HomeMy WebLinkAbout2005-08-15-Resolutions 05-146_Southfork Culvert - Release RetainageTHE CITY OF WAUKEE,IOWA
RESOLUTION 05-146
APPROVING PAYMENT OF RETAINAGE TO PETERSON CONTRACTORS INC.
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE,IOWA
WHEREAS,The Southfork Culvert Extension was accepted by the City of Waukee on June 9,
2005;AND,
WHEREAS,all contract documents including proof of satisfaction of all taxes and all liens have
been submitted;AND,
WHEREAS,the State ofIowa Code,§573.I3 and §573.l4 state that funds not exceeding 5%of
the contract price shall be withheld from payment and shall be retained for thirty days beyond the
date of final acceptance of the improvement;so that funds will be available for the payment of
claims for materials furnished and labor performed on the improvements;AND,
WHEREAS,City Engineering Technician Brad Freeman recommends payment of retainage in
the amount of $6,585.09.
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this
15th day of August 2005 that it hereby approves payment of retainage to Peterson Contractors,
Inc.in the amount of $6,585.09.
Attest:
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Mark J.Arentsen,Cit I.dministratoriClerk
ROLL CALL VOTE
Nicholas C.Gruber
Donald L.Bailey,Jr.
Bill Peard
JeffV.Mertz
Darlene Stanton
AYE
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NAY ABSENT