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City Council Resolution 2016-73ACITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2016-073 A ACCEPTING IMPROVEMENTS AND APPROVING FINAL PAYMENT TO SUNRAM CONSTRUCTION FOR THE 7TH STREET RETAINING WALL PROJECT, PROJECT NO. 15CO03 WHEREAS, pursuant to a written contract with the City of Monticello, on February 11, 2016, Sunram Construction was awarded, by low bid, for the improvement work for the 7th Street Retaining Wall Project, City Project 15C003; NOW THEREFORE, BE IT RESOL VED 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 (IC 134); 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 BYthe Monticello City Council this 10th day of October, 2016. CITY OF MONTICELLO ria Stumpf, ay r ff-) ATTEST: � SAreiber, City Clerk