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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.3 <br /> <br />Meeting Date <br />October 21, 2024 <br />Prepared By <br />Ryan Sandhoefner, Engineering Project Manager <br /> <br />Item Description <br />Pay Estimates <br />Reviewed by <br />Justin Femrite <br />Lori Stich <br />Joe Stremcha <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Approve, by motion, the pay estimate detailed below. <br /> <br />Background/Discussion <br />The following pay estimates have been reviewed and found to be accurate and in accordance with approved <br />contracts. <br /> <br />Financial Impact <br />Project Pay Estimate # Contractor Amount <br />Mega Loop Trail <br />Improvements <br />1 Veit & Company, Inc. $265,841.09 <br /> <br />Mission/Policy/Goal <br />Responsible for every dollar - good stewards <br /> <br />Attachments <br />1. Pay App 1 - Veit & Company, Inc. <br /> <br /> <br />Page 36 of 294