ANKENY CITY COUNCIL

Regular Agenda

June 3, 2019
5 : 30 PM

Gary Lorenz, Mayor
Mark Holm, Mayor Pro tem

Council Members: Bobbi Bentz, Jim McKenna, Kelly Whiting, Kerry Walter-Ashby
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ORIGINATING DEPARTMENT: COUNCIL GOAL:
City Manager Preservation of Ankeny's Hometown Feel
ACTION REQUESTED:
Resolution
LEGAL:
No Review Required
SUBJECT:
Ankeny Entrance Signs Project:  Consider motion to approve: a)  Certificate of Completion; b) RESOLUTION accepting the public improvements with Edge Commercial, LLC in the amount of $256,935.00; and c) Release of Retainage Payment in the amount of  $2,000.00 thirty days after project acceptance, in accordance with the terms of the contracts.
EXECUTIVE SUMMARY:

The actions before the council are the acceptance of the certificate of completion, passage of a resolution accepting the public improvements and approval of the retainage payment to Edge Commercial, LLC on the Ankeny Entrance Signs project.

 

The new Entrance Sign Improvements project is now complete.  A series of actions are needed in order to close out this construction project:

 

a.  Engineer's Certificate of Completion: The attached Certificate of Completion from the project engineer states that the work performed was in substantial conformance with the plans and specifications and that the final contract amount is $256,935.00.

 

b. Resolution accepting the public improvements:  This resolution approves and adopts the engineer's Certificate of Completion on the Ankeny Entrance Signs project and establishes the final contract amount to be $256,935.00.

 

c.  Retainage Payment - Edge Commercial has been compensated for all work on the project except for the final retainage amount of $2,000.00.  This amount was held back pending the establishment of a good stand of grass.  That has occurred at this time.  It is recommended that the retainage payment be approved for release 30 days from the date of acceptance of the project, in accordance with the terms of the contract.


FISCAL IMPACT: Yes
The above payments will facilitate the final completion of this project, which was funded through the Capital Improvements Program
CITY MANAGER'S RECOMMENDATIONS:
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Certificate of Completion
Resolution
Retainage Payment