Item Coversheet

*4.A.4.


Shakopee City Council
July 16, 2024


FROM:William H. Reynolds, City Administrator
TO:Mayor and Council Members
Subject:
Settlement Agreement and Release with RJM
Policy/Action Requested:
Approve Settlement Agreement and Release. 
Recommendation:
Approval.
Discussion:
RJM was removed from the SandVenture project in January 2024 after multiple performance issues. However, RJM had conducted work and expended sums on the project and should be compensated for those efforts and expenditures. This agreement between the city and RJM will finalize those payments and will finalize our relationship. 
Budget Impact:
The $270,000 payment for services performed to date of separation by RJM will come from the SandVenture Construction account. 
ATTACHMENTS:
Description
Settlement Agreement and Release with RJM