Sponsor
Alderman Hart
Title
Reduction of Retainage on Contract for Lake Michigan Pathway Construction
Resolved, that the retainage on Contract 49-05 (K5-056), Lake Michigan Pathway Construction, Phase II, Bane-Nelson, Inc., contractor, be reduced to $5,000.00.
Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.