Adopt Resolution #19-269 Authorizing Final Payment to Douglas-Kerr Underground, LLC. for Improvement Project #18-05, Bunker Lake Boulevard and Puma Street Improvements.

Resolution and Final Pay Request Attached.

Issuing final payment will be contingent on receipt of the following items from Douglas-Kerr Underground, LLC.:

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 Douglas-Kerr Underground, LLC., 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 Engineering Technician IV has inspected the completed work and recommends approving final payment to Douglas-Kerr Underground, LLC. for Improvement Project #18-05 Bunker Lake Boulevard and Puma Street Improvements in the amount of $54,415.72. 

Final construction costs are $6,698.15 (0.7%) greater than the awarded bid due generally to increased pavement removal quantities.

Motion to adopt Resolution #19-269 authorizing final payment to Douglas-Kerr Underground, LLC. for Improvement Project #18-05 Bunker Lake Boulevard and Puma Street Improvements in the amount of $54,415.72.