Title
Acceptance of and completion of the demolition of the Court and Theatre building arches and release of final payment to Frost Construction, LLC.
Body
Summary:
Frost Construction, LLC. has completed the demolition of the Court and Theatre building arches and is now ready for Council acceptance and release of final payment. The project was completed in the amount of $51,000.
The final payment for this project is $2,550 which will complete the $51,000 project total.
The project is completed and the contract is ready to be closed out and final payment issued.
Attached is a copy for the final payment application #3, conditional waiver and release of final payment and affidavit of all bills paid.
Fiscal/Budgetary Impact:
$ 51,000 Capital Improvement Fund Contingency
Recommended action
Recommendation is to approve the acceptance of and completion of the demolition of the Court and Theatre building arches and release of final payment to Frost Construction, LLC.