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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET . <br />PROJECT TITLE: <br />Final Acceptance and <br />Certification of Completion <br />with Marshbank Construction <br />for 112th Street SE <br />Improvements, Phase II <br />project, releasing retainage in <br />the amount of $189,381.04. <br />Location <br />112th Street SE, 3rd <br />Avenue SE to I-5 <br />X Consent <br />Action <br />First Reading <br />Second Reading <br />Third Reading <br />Public Hearing <br />Preceding Action <br />Bid: <br />3/21/2006 <br />Award: <br />6/26/2006 <br />CO#1 <br />$224,148.40 <br />CO#2 <br />$ 99,100.00 <br />CO#3 <br />$ 56,349.73 <br />COUNCIL BILL # <br />Originating Department <br />Contact Person <br />Phone Number <br />FOR AGENDA OF <br />4 <br />Public Works <br />Tom Fuchs -Z)�- <br />425-257-8931 <br />Nov. 28, 2007 <br />Initialed by: <br />Department Head <br />CAA �,�� <br />Council President J / <br />Attachments <br />Final Contract Voucher <br />Certification, Certificate <br />of Completion, Final <br />Estimate <br />Department(s) Approval <br />Public Works <br />Amount Budgeted <br />$3,793,269.13 <br />Expenditure Required <br />$3,787,620.73 <br />Account Number(s): 2440A, 2440B & 3229 <br />Budget Remaining <br />$5,648.40 <br />Additional Required <br />$_0_ <br />DETAILED SUMMARY STATEMENT: <br />The general contractor, Marshbank Construction, completed the 112th Street SE Improvements, Phase II <br />project in accordance with the plans and specifications and to the satisfaction of the Public Works <br />Department. <br />The amounts paid the contractor under this contract are as follows: <br />Amount Paid to date is $3,787,620.73. Retainage Amount Withheld is $189,381.04. The remaining amount <br />due is $189,381.04. <br />By Council approving this action, the 112th Street SE Improvements, Phase Il project will be accepted as <br />complete and the retainage in the amount of $189,381.04 will be released. <br />RECOMMENDATION (Exact action requested of Council): <br />Accept the 112th Street SE Improvements, Phase II project as complete, and authorize the Mayor to sign the <br />Certificate of Completion with Marshbank Construction, releasing the retainage in the amount of <br />$189,381.04. 7 <br />S:UEmeryUobs\2440A-3229 112th Street ImprovementsTinal Acceptance Agenda Cover-CODOC <br />