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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> Final Acceptance Initialed by: <br /> M T Electric, Inc. Department Head <br /> HES Signal Improvements CAA <br /> Council President <br /> LOCATION: <br /> See Vicinity Map COUNCIL BILL# <br /> Originating Department Public Works , � <br /> Contact Person Terry Henke 16 <br /> Phone Number 257-8928 <br /> FOR AGENDA OF Jan. 15, 2003 <br /> Preceding Action: <br /> Bid: 1/15/02 X Consent Second Reading <br /> Award: 2/13/02 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, Vicinity Map <br /> Council approval of this agenda item authorizes a budget revision in the additional amount requested. <br /> Expenditure Required $ 373,702.50 Account Number(s): PW2771,2919,2920 <br /> Amount Budgeted $ 373,702.50 <br /> Additional Required $ - 0- <br /> SUMMARY STATEMENT: <br /> The General Contractor, M T Electric, Inc., completed the HES Signal Improvements 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: $ 355,017.37 <br /> Retainage Withheld: $ 18,685.13 <br /> Total amount Due To Contractor $ 373,702.50 <br /> RECOMMENDATION (Exact action requested of Council): <br /> Accept the HES Signal Improvements Project as complete and Authorize the Mayor to sign the Certificate of <br /> Completion releasing retainage in the amount of$ 18,685.13. <br />