5.6. SR 09-19-1994 - Laserfiche WebLink

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I ~\.( ( II IXil River . . **CONSENT ITEM 5.6.** MEMORANDUM TO: MAYOR & CITY COUNCIL FROM: LORI JOHNSON, FINANCE DIRECTOR DATE: SEPTEMBER 13, 1994 SUBJECT: PAY ESTIMATES PAY ESTIMATE #4 - LIBRARY EXPANSION PROJECT Kue Contractors, Inc., has submitted Pay Estimate #4 for work completed on the Library expansion. The Pay Estimate is in the amount of $100,559.00. The City is holding retainage of $14,902.00 on this project. PAY ESTIMATE #4 EXPANSION WASTEWATER TREATMENT PLANT The second attachment is a copy of Pay Estimate #4 to Gridor Construction, Inc., in the amount of $125,208.00. Gridor has pledged securities to the City of Elk River to cover the maximum amount of retainage possible on this project. Therefore, no retainage is being held. PAY ESTIMATE #3 - ELK PARK CENTER STREET IMPROVEMENTS The third attachment is a copy of Pay Estimate #3 in the amount of $333,410.73 payable to Forest Lake Contracting, Inc., for work completed on the street and turn lane improvements related to the Elk Park Center improvement project. The City is holding retainage of $83,693.69 on this project. Also related to this project is Change Order #2 which incorporates minor signal modifications requested by the Minnesota Department of Transportation at a cost of approximately $5,400. All of the Change Order costs will be fundable through MSA and turnback funds. PAY ESTIMATE #3 - ELK PARK CENTER TRUNK IMPROVEMENTS ArCon Construction, Inc., has submitted Pay Estimate #3 in the amount of $185,191.48 for trunk sewer and water main improvements completed as part of the Elk Park Center project. The City is holding retainage of $38,296.85 on this project. P.O. Box 490. 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425