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Date: Item No.
FINAL ACCEPTANCE AND FINAL PAYMENT TO
PARK CONSTRUCTION FOR HIGHVIEW AVENUE IMPROVEMENT PROJECT
Proposed Action
Staff recommends adoption of the following motion: Move to approve final acceptance of public
street and utility improvements and final payment to Park Construction Co. for Highview
Avenue Improvements, City Project 16-04.
Overview
Park Construction Co. requests final acceptance of public street and utility improvements and
final payment in the amount of $4,675.22 for City Project 16-04. The original contract amount
was $239,473.30. No change orders were processed for this project. The final construction cost
is $233,761.22.
Primary Issues to Consider
• The public street and utility improvements were tested and inspected by the City’s Public
Works Department. All work was completed consistent with the contract and the
administrative requirements for final payment.
Supporting Information
• None.
Financial Impact: $ Budgeted: Y☒ N☐ Source:
Related Documents: (CIP, ERP, etc.):
Envision Lakeville Community Values: Good Value for Public Services
Notes: Additional funding provided through special assessments
Report Completed by: Zach Johnson, City Engineer
April 17, 2017
4,675.22 G.O. Improvement Bonds