HomeMy WebLinkAboutRESOLUTION NO. 03-02-11-3 RESOLUTION NO. l0 -
RESOLUTION ACCEPTING 2001 WATER MAINREPLACEMENT PROJECT
AND APPROVING MAINTENANCE BOND
WHEREAS, on November 30, 2001 the City of Fairfax entered into an
agreement with Yordi Excavating, Inc. for the construction of the 2001 Water Maim
Replacement Project and
WHEREAS, on September 5, 2002, the City Engineer recommended)
acceptance of said project, and
WHEREAS, on September 7, 2002 a claim was filed against the project for
damages to private property as a result of the project, and
WHEREAS, the amount of retainage for the project, $5,642.93, is less than
the estimated amount of double the claim, NOW THEREFORE
BE IT RESOLVED by the City Council of the City of Fairfax, Iowa that the
2001 Water Main Replacement Project is hereby accepted and that the City Clerk
is hereby directed to retain the balance due of $5,642.93 until the claim on file has
been resolved and
BE IT FURTHER RESOLVED that the Maintenance Bond in the amount of
$106,036.00 written .by Employers Mutual Casualty Company be and the same is
hereby approved.
Passed the day of ��,bfLtan4 , 2003.
AYES: I�I�� s0atf ol-nd cowy)-)
1
NAYES: Np��
ABSENT:�Q�YILtICI
ATTEST:
Bill Voss, Mayor
Mary kacja, bity Clerk
F:LAD M%690016950.DOC