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The warranty period for dune plants installed within the past 90 days remains in effect and <br />those plants will continue to be monitored for survival and growth requirements until the end <br />of the 90 -day warranty period. <br />Guettler Brothers Construction, LLC has been paid $8,199,205.66 to date, with $431,537.14 <br />held in retainage. Guettler Brothers Construction, LLC has submitted Contractor's Application <br />for Payment No. 2109-5 for release of retainage in the amount of $431,537.14. <br />FUNDING <br />Local Funding for Phase 2 of the Sector 3 Beach and Dune Restoration project is provided by a <br />portion of Local Option Tourist Tax, FEMA Project Worksheets, and Local Government Funding <br />Request Grant 171R2 and an awarded Grant from the 2021/2022 funding year. Funding forthe <br />final payment of $431,537.14 is available in the Beach Restoration Fund/Retainage-Guettler <br />Brothers Construction, LLC, Account #128-206001-17001 for $431,537.14. <br />Account Name <br />I Account Number <br />Amount <br />Beach Restoration/Retainage-Guettler Brothers Construction, LLC <br />1 128-206001-17001 <br />$431,537.14 <br />RECOMMENDATION <br />Staff recommends release and payment of Contractor's retainage in the amount of <br />$431,537.14. <br />ATTACHMENTS <br />Sector 3 Phase 2 Pay App No. 2109-5 <br />Change Order No. 2109-1 <br />APPROVED AGENDA ITEM FOR MAY 3 2022 <br />62 <br />