Adopt Resolution #26-003 Approving Final Payment to North Valley, Inc. for Improvement Project #25-05, High Point Street Reconstructions.

Resolution and payment request attached.

Issuing final payment will be contingent on receipt of the following items from North Valley, Inc.:

1. IC-134 (Contractor's Withholding Affidavit showing compliance with the provisions of Minnesota Statute 290.92 requiring withholding state income tax).
2. Waiver of Mechanic's Lien Rights (Affidavits that all claims against North Valley, Inc. by reasons of the contract have been fully paid or satisfactorily secured). 
3. Consent of Surety to Final Payment (Certification from the contractor's surety). 

Following receipt of these items, final payment will be issued. 

The Senior Engineering Technician has inspected the completed work and recommends final payment to North Valley, Inc. for Improvement Project #25-05, High Point Street Reconstructions, in the amount of $38,375.24.

Motion to adopt Resolution #26-003 approving final payment to North Valley, Inc. for Improvement Project #25-05, High Point Street Reconstructions, in the amount of $38,375.24.