City of Racine - File #: Res.0085-17

• File #: Res.0085-17
• Version: A
• Name: Reduce Retainage on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1)
• Type: Resolution
• Status: Passed
• File created: 3/7/2017
• In control: City Attorney's Office
• On agenda: 3/7/2017
• Final action: 3/7/2017
• Title: Reduce Retainage on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1) Resolved, that the retainage is to be reduced from 5% to 3% on Contract 20160015 - 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone Pavers, LLC., contractor. Fiscal Note: This will reduce the retainage from $37,695.84 to $22,617.51.
• Sponsors: Terry McCarthy
• Related files: 184-17

Date	Ver.	Action By	Action	Result
3/7/2017	A	Common Council	Approved

Sponsor

Alderman Shakoor

Title

Reduce Retainage on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1)

Resolved, that the retainage is to be reduced from 5% to 3% on Contract 20160015 - 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone Pavers, LLC., contractor.

Fiscal Note: This will reduce the retainage from $37,695.84 to $22,617.51.