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<br /> <br />REQUEST FOR ACTION <br /> <br />To Item Number <br />Citv Council 3.3. <br />Agenda Section Meeting Date Prepared by <br />Consent March 17,2008 Tim Simon, Finance Director <br />Item Description Reviewed by <br />Pay Estimates Lori T ohnson, Citv Administrator <br /> Reviewed by <br /> <br />Action Requested <br />The City Council is asked to approve the pay estimates as stated below. <br /> <br />Background/Discussion <br />Below are pay estimates submitted for approval. These pay estimates have been reviewed and approved <br />by RJM construction, architect (BWBR/KKE) or department head in charge of the project. <br /> <br />A total change order request of $2,180 for the Elk River Library project has been reviewed and approved <br />by the city architect and the parks and recreation director. The change order relates to the cost to add a <br />'I." x 200 geo-loop well. This leaves the net changes by change order at a credit of $2,004. <br />Financial Impact <br /> <br />Project <br />YMCA project * <br />\VWTP Phase II Improv.** <br />Library Proj ect <br /> <br />Pay Est. <br />No. <br />6 <br />2 <br />13 <br /> <br />Contractor <br />RJM Construction <br />Gridor Constr., Ine. <br />Merrimac Construction Co. <br /> <br />Amount <br />$836,554 <br />79,200 <br />143,812.55 <br /> <br />* Due to the structure of the bond sale the Economic Development Authority (EDA) maintains a project <br />fund and debt service fund for the recreation facility project. The construction payments will be <br />approved by the EDA and the City Council. The EDA approved the pay estimate on March 10, 2008. <br />**Gridor has elected to submit securities in lieu of retainage. <br /> <br />Attachments <br />. Pay estimates for the above projects <br />. Project budget vs. actual (YMCA project) <br /> <br />Action <br /> <br />Motion by_ <br /> <br />Second by _ <br /> <br />Vote_ <br /> <br />Follow Up <br /> <br />S:\Council\Tim\Payestimate0317.doc <br />