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EVERETT CITy.COUNCIL AGENDA IT> lyl CFVR SHEET <br /> PROJECT TITLE: 3 <br /> Final Acceptance and X Consent COUNCIL BILL# <br /> Certification of Completion Action Originating Department Public Works <br /> with Stripe Rite, Inc. for 2007 First Reading Contact Person Tom Fuchs iF <br /> Pavement Marking Project, Second Reading Phone Number 425-257-8931 <br /> releasing retainage in the Third Reading FOR AGENDA OF 11/14/2007 <br /> amount of$2,636.95. Public Hearing <br /> Initialed by: <br /> Department Head <br /> CAA _ ►i, <br /> Council President ! <br /> Location Preceding Action Attachments Department(s) Approval <br /> Various streets in the Bid: 4/10/2007 Final Contract Voucher Public Works <br /> City of Everett Award: 4/25/2007 Certification, Certificate <br /> CO#1 7/16/2007 of Completion, Final <br /> Estimate <br /> Amount Budgeted $ 52,739.00 <br /> Expenditure Required $0 Account Number(s): 3290 <br /> Budget Remaining $0 <br /> Additional Required $0 <br /> DETAILED SUMMARY STATEMENT: <br /> The general contractor, Stripe Rite, Inc., completed the 2007 Pavement Marking 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 is $52,739.00; Retainage Amount Withheld is $2,636.95. The remaining amount due is <br /> $2,636.95. <br /> By Council approving this action, the 2007 Pavement Marking project will be accepted as complete and the <br /> retainage in the amount of$2,636.95 will be released. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Accept the 2007 Pavement Marking project as complete, and authorize the Mayor to sign the Certificate of <br /> Completion with Stripe Rite, Inc. releasing the retainage in the amount of$2,636.95. <br /> 4 <br />