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• FINAL PAY ESTIMATE - 1995 OVERLAY IMPROVEMENTS: <br />The final attachment is a copy of the final Pay Estimate to Master Asphalt, <br />Inc., in the amount of $7,864.65 which releases the retainage previously held <br />on this project. The final cost on this projectt was approximately 11 percent <br />less that the original contract of $176,387.00. Master Asphalt, Inc., has <br />submitted all of the necessary paperwork to release the final payment. <br />RECOMMENDATION. <br />The City Engineer has inspected the work completed on each of these <br />projects, reviewed the pay estimates, and recommends payment to the <br />contractors as stated above. <br />• <br />C� <br />