The project is now complete including all final surface restoration.  A series of actions are needed in order to close out this construction project: 

a) Approval of Final Change Order #3 increasing the contract amount by $114.50.;

b) Acceptance of Engineer's Certificate of Completion: The attached Certificate of Completion from the project engineer states that the work performed was completed in substantial conformance with the plans and specifications and that the final contract amount is $538,520.08.

c) Resolution accepting the Public Improvements:  This Resolution approves and adopts the Engineer's Certificate of Completion on the N Ankeny Boulevard and NW-NE Georgetown Boulevard Intersection Improvements project and establishes the final contract amount to be $538,520.08.

d) Approve Final Payment #5 in the amount of $548.16 to Absolute Concrete Construction, Inc. and Retainage Payment in the amount of $26,926.00 to Absolute Concrete Construction, Inc.

It is recommended that the retainage payment be approved for payment 31 days from the date of acceptance of the project, in accordance with the terms of the contract.

It is recommended that the council take the following actions: 

1. Approve Final Change Order #3, in the amount of $114.50;

2. Accept the Certificate of Completion from the project engineer for the N Ankeny Boulevard and NW-NE Georgetown Boulevard Intersection Improvements project;

3. Adopt the Resolution accepting the N Ankeny Boulevard and NW-NE Georgetown Boulevard Intersection Improvements project with Absolute Concrete Construction, Inc., in the final contract amount of $538,520.08;  and 

4. Authorize final payment to Absolute Concrete Construction, Inc., in the amount of $548.16 and release of retainage payment in the amount of $26,926.00 in accordance with the terms of the contract.