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City Council Resolution 2016-05CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2016-005 ACCEPTING IMPROVEMENTS AND APPROVING FINAL PAYMENT TO ASTECH CORP. FOR CITY PROJECT NO. 12CO08 WHEREAS, pursuant to a written contract with the City of Monticello, on April 24, 2014, ASTECH Corporation, Inc. was awarded, by low bid, for the Hillside Farm Yd and 4"' Addition Public Improvements, City Project 12C008; 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 (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 BY the Monticello City Council this 25th day of January, 2016. CITY OF MONTICELLO Brun Stumpf, Mayor ATTEST: t Jennifer Scl riber",tity Clerk