City Council Resolution 2026-44 (Valley Pavement Final Payment)CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION 2026-44
RESOLUTION ACCEPTING IMPROVEMENTS AND AUTHORIZING FINAL PAYMENT TO
VALLEY PAVING, INC. FOR THE BROADWAY STREET ROADWAY AND UTILITY IMPROVEMENT
PROJECT AND 7T" STREET RETAINING WALL, RECTANGULAR RAPID FLASHING BEACON (RRFB),
AND SIDEWALK IMPROVEMENT PROJECT
WHEREAS, pursuant to a written contract with the City of Monticello, on April 8, 2024, Valley
Paving Inc., was awarded, by low bid, for the Broadway Street Roadway and Utility Improvement
Project and 71" Street Retaining Wall, Rectangular Rapid Flashing Beacon (RRFB), and Sidewalk
Improvement Project; and
WHEREAS, the final payment amount of $144,161.01 is due.
NOW THEREFORE, BE IT RESOLVED BY THE CITY OF MONTICELLO, MINNESOTA that the work
completed under said contract is hereby accepted and approved and that the Mayor and City Clerk
are hereby directed to issue a proper order for the final payment on such contract subject to receipt
of the following:
1) Satisfactory showing that the contractor has complied with the provisions of Minnesota
Statutes 290.92 requiring withholding state income tax (IC134 forms).
2) Evidence in the form of an affidavit that all claims against the contractor by reasons of the
contract have been fully paid or satisfactorily secured (lien waivers).
3) Consent of Surety to Final Payment certification from the contractor's surety.
4) Two-year warranty bond.
ADOPTED BYthe Monticello City Council this 26th day of May, 2026.
CITY OF MONTICELLO
Lloyd Hilgart, ayor
ATTEST:
1. MKJV-, rtJ3
Jienifer Sc rei e , City Clerk
HEREBY CERTIFY that the above is a true and correct copy of a resolution presented to and
adopted by the Municipality of Monticello, County of Wright, State of Minnesota, at a duly
authorized Municipal Council Meeting held in the Municipality of Monticello, Minnesota on the
261" day of May, 2026, as disclosed by the records of said Municipality on file and of record in
the office.
Municipality of Monticello
Jen6if�r Schk4ib�ryCity Clerk