| | | | | | | | 
Shakopee City Council
February 20, 2018
|
| | | | | | | | | FROM: | Steve Lillehaug, Public Works Director/City Engineer | | TO: | Mayor & Council Members |
| | | |
| | | | | | | | Subject:
Final payment for the 4th Avenue & Shenandoah Drive Project No. 2015-7. | | |
| | | | | | | | Policy/Action Requested:
Adopt Resolution R2018-014, accepting work on the 4th Avenue & Shenandoah Drive Project and approving final payment to the contractor for Project No. 2015-7. | | |
| | | | | | | | Recommendation:
Adoption of Resolution R2018-014. | | |
| | | | | | | | Discussion:
All work for this project has been completed in accordance with the contract documents. Attached is a Certificate of Completion showing the original contract amount of $2,119,046.75 and the actual final costs of $2,015,913.15 for this project. The project came under budget by 4.9 percent. This project was mainly completed in 2016 with final completion summer 2017. All required project documentation has been received and is compliant. The project will be closed out upon issuance of final payment to the contractor. | | |
| | | | | | | | Budget Impact:
This project was funded by Tax Increment Financing, Storm Drainage funds, funds from Shakopee Public Utilities and special assessments. | | |
|