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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> 4 <br /> - PROJECT TITLE: <br /> Final Acceptance Initialed by: <br /> T. Bailey, Inc. Department Head <br /> - Olympic Elevated Tank CAA <br /> Council President j t — <br /> LOCATION: <br /> 75th St SE & Olympic Drive COUNCIL BILL-# <br /> Originating Department Public Works <br /> Contact Person Terry Henke <br /> Phone Number 257-8928 <br /> FOR AGENDA OF Apr. 23, 2003 <br /> Preceding Action: <br /> Bid: 6/25/02 X Consent Second Reading <br /> Award: 7/10/02 Action Third Reading <br /> First Reading Public Hearing <br /> Budget Revision <br /> Attachments: Final Contract Voucher Department(s) Approval (Identify): Public Works <br /> Certification, Certification of Completion, <br /> Final Estimate <br /> Council approval of this agenda item authorizes a budget revision in the additional amount requested. <br /> Expenditure Required $ 671,404.98 Account Number(s): UT2768-16 <br /> Amount Budgeted $ 671,404.98 <br /> Additional Required $ - 0 - <br /> SUMMARY STATEMENT: <br /> The General Contractor, T. Bailey, Inc., completed the Olympic Elevated Tank Project in accordance with <br /> 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: $ 671,404.98 <br /> Retainage Withheld: $ 0.00 Retainage not withheld per Retainage Bond <br /> Total amount Due To Contractor $ 671,404.98 <br /> RECOMMENDATION (Exact action requested of Council): <br /> Accept the Olympic Elevated Tank Project as complete and authorize the Mayor to sign the Certificate of <br /> Completion releasing the retainage bond. <br />