Adopt Resolution #22-163 Authorizing Final Payment to North Valley, Inc. for Improvement Project #21-10, Fire Station No. 1 Parking Lot Improvements.

Resolution and Pay Estimate 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.

Project Overages
The final project cost was $126,168.17 compared to the estimated bid cost of $104,935.73. This was an increase of $21,232.44 (20-percent). A large portion of this, approximately $8,500.00 was due to the extension of a water service stub into the building, which went under the west parking lot. This required patching the route through the parking lot, including additional bituminous pavement and concrete curb and gutter. The remaining overages were due to an increase in curb and gutter replacement and bituminous patching. These increased quantities were discovered during construction due to the poor existing conditions of materials, and determined as necessary to support the new overlay pavement.

The Engineering Technician IV has inspected the completed work and recommends approving final payment to North Valley, Inc., for Improvement Project #21-10, Fire Station No. 1 Parking Lot Improvement, in the amount of $8,180.56.

Motion to adopt Resolution #22-163 authorizing final payment to North Valley, Inc., for Improvement Project #21-10, Fire Station No. 1 Parking Lot Improvement, in the amount of $8,180.56.