City of Racine - File #: 07-0158

• File #: 07-0158
• Version: A
• Name: Reduction in retainage on Contract 49-05 (K5-056) Lake Michigan Pathway, Phase II, Bane-Nelson, Inc., contractor.
• Type: Communication
• Status: Passed
• File created: 2/7/2007
• In control: Public Works and Services Committee
• Final action: 2/21/2007
• Title: Subject: Direct Referral. Communication from the Assistant Commissioner of Public Works/Engineering submitting a request for reduction in retainage on Contract 49-05 (K5-056) Lake Michigan Pathway, Phase II, Bane-Nelson, Inc., contractor. Recommendation: The retainage on Contract 49-05 (K5-056) Lake Michigan Pathway, Phase II, Bane-Nelson, Inc., contractor, be reduced to the amount of $50,000.00. Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.
• Related files: Res.07-0082

Date	Ver.	Action By	Action	Result
2/21/2007	A	Common Council	Approved as Presented	Pass
2/13/2007	A	Public Works and Services Committee	Recommended For Approval

Title

Subject:  Direct Referral. Communication from the Assistant Commissioner of Public Works/Engineering submitting a request for reduction in retainage on Contract 49-05 (K5-056) Lake Michigan Pathway, Phase II, Bane-Nelson, Inc., contractor.

Recommendation: The retainage on Contract 49-05 (K5-056) Lake Michigan Pathway, Phase II, Bane-Nelson, Inc., contractor, be reduced to the amount of $50,000.00.

Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.