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THE CHAIRMAN CALLED FOR THE QUESTION. <br />The Motion passed unanimously. <br />SITE Il"ROVEMENTS - COPELANDS LANDING, PHASE H - <br />FINAL PAY REQUEST - CATHCO. INC. <br />The Board reviewed the following memo dated 4/29/96: <br />TO: James Chandler <br />County Administrator <br />THROUGH: James W. Davis, P.E.' <br />Public Works Director <br />FROM. Roger D. Cain, P.E. <br />County Engineer <br />SUBJECT. Copelands Landing, Phase II Site Improvements <br />IRC Project No. 9354 <br />Final Pay Request - CATHCO, INC. <br />DATE: April 29, 1996 <br />DESCRIPTION AND CONDITIONS <br />The Board of County Commissioners awarded this contract in the amount of $51,550.00 on <br />February 6, 1996. The contract specified completion by April 24, 1996. The construction of <br />the Copelands Landing, Phase II Site Improvements was completed on April 17, 1996, <br />within the time set for completion. The project has been accepted by the County Engineer. <br />The final cost of the project, including Change Order Number 1, is $50,321.10, which is less <br />than the original contract of $51,550. Change Order No. 1 covers all items as listed. Because <br />the surety held by the county was in an amount of only $44,200 plus $3,742.73 in interest, - <br />Raymo Inc., the new owner, escrowed an additional $3,607.27. The $1,228.90 underage on <br />the contract should be refunded to Raymo, Inc. from the escrow deposited with the county. <br />ALTERNATIVES AND ANALYSIS <br />Alternative No. 1 - Approve the final pay request in the amount of $50,321.10 which <br />includes the balance due, retainage, and Change Order No. 1 and authorize the Chairman <br />to execute Change Order No. 1 and direct that $1,22890 be refunded to Raymo Inc. <br />Alternative No. 2 - Deny the final pay request and change order. <br />RECOMMENDATION AND FUNDING <br />Staff recommends Alternative No. 1. Funding to be from Account Number 111-214-541- <br />066.51 and from the funds escrowed by Raymo Inc. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Tippin, the Board unanimously approved <br />Alternative No. 1 as set out in the above staff <br />recommendation. <br />CHANGE ORDER #1 IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />71 <br />MAY 79 1996 goon *9 7 9 8 6 <br />