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HomeMy WebLinkAbout~Master - Completion of CyRide Office Expansion Project RESOLUTION NO. 08-356 RESOLUTION APPROVING FINAL COMPLETION/ACCEPTANCE OF CYRIDE OFFICE EXPANSION PROJECT FOR THE CITY OF AMES WHEREAS, in May 2008, Harold Pike Construction(HPC, LLQ substantially completed CyRide's Office Expansion Project; and, WHEREAS, since that time,HPC has been working to complete punch list items,as well as compiling required documentation, such as final lien waivers,operating and maintenance manuals, etc.; and, WHEREAS,CyRide's office building construction project is ready for completion and final acceptance; and, WHEREAS,upon this approval,the City is required to continue to hold a retainage totaling $140,374.26 for a period of 30 days; in the meantime,there are two outstanding claims against this project from suppliers who have not been paid by a subcontractor under this project; and, WHEREAS, the City will be able to release the retainage less two times the amount of any outstanding claims 30 days after the final acceptance; and, WHEREAS, if the disputed claims are not resolved at that point, either party may file an action in District Court in order to determine who is entitled to the remaining retainage. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the final completion/acceptance of the CyRide Office Expansion Project is hereby approved. ADOPTED THIS 12tt' day of August, 2008. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Doll Voting aye: Doll, Goodman, Larson, Popken, Rice Voting nay: None Absent: Mahayni Resolution declared adopted and signed by the Mayor this 12t1i day of August, 2008.