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PROJECT TITLE: <br />Final Acceptance & Certification of <br />Completion with Valley Electric of X <br />Mt. Vernon for the Merrill Creek <br />Signals Project. <br />Consent <br />Action <br />First Reading <br />Second Reading <br />Third Reading <br />Public Hearing <br />COUNCIL BILL # <br />Originating Department <br />Contact Person <br />Phone Number <br />FOR AGENDA OF <br />Initialed by: <br />Department Head <br />CAA <br />Council President <br />Public Works <br />Tom Fuchs <br />425-257-8931 <br />Sept. 24, 2008 <br />Location <br />Merrill Creek Parkway <br />from Glenwood to Seaway <br />Blvd. <br />Preceding Action <br />Bid: 11/20/2007 <br />Award: 12/07/2007 <br />Attachments Department(s) Approval <br />Final Contract Voucher Public Works <br />Certification, Certificate of <br />Completion, Final Estimate <br />Amount Budgeted <br />$ 536,260.83 <br />Expenditure Required <br />$ 0 <br />Account Number(s): PW3272 <br />Budget Remaining <br />$ 1,678.90 <br />Additional Required <br />$ 0 <br />DETAILED SUMMARY STATEMENT: <br />The general contractor, Valley Electric of Mt. Vernon., completed the Merrill Creek Signals project in accordance <br />with the plans and specifications and to the satisfaction of the Public Works Department. <br />The amounts paid the contractor under this contract are as follows: <br />Amount paid to date is $534,581.93. The contractor put up a Bond in lieu of retainage being withheld. <br />By Council approving this action, the Merrill Creek Signals project will be accepted as complete and the retainage <br />bond will be released. <br />RECOMMENDATION (Exact action requested of Council): <br />Accept Merrill Creek Signals Project as complete and authorize the Mayor to sign the Certificate of Completion with <br />Valley Electric of Mt. Vernon allowing release of the retainage bond. <br />