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City Council Resolution 2012-78CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2012-078 ACCEPTING IMPROVEMENTS AND APPROVING FINAL PAYMENT FOR 2011 STREET RECONSTRUCTION IMPROVEMENTS — AREA 4B (EAST RIVER STREET) CITY PROJECT NO. I1C001 WHEREAS, pursuant to a written contract with the City of Monticello awarded to Redstone Construction, Inc. of Mora, Minnesota, the contractor has satisfactorily completed the work for the street and utility improvements for East River Street /Area 413, West River Street from CSAH 75 to the City Ballfields, intersection improvements at West 7t" Street and Walnut Street, extension of a sewer and water service to Ellison Park and reconstruction of the East Bridge Park Parking Lot and the Ellison Park Parking Lot, including other appurtenant work in accordance with the contract; NOW THEREFORE, BE IT RESOLVED BY THE CITY OF MONTICELLO, MINESOTA 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); 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 maintenance bond to extend two years from the date of acceptance of the project by the City Council. ADOPTED BY the Monticello City Council this 24t" day of September, 2012. CITY OF MONTICELLO Clint Herbst, Mayor ATTEST: Jeff 'Nol Iity Administrator —�