City of Racine - File #: Res.07-0082

• File #: Res.07-0082
• Version: A
• Name: Reduction of retainage to contract for Lake Michigan Pathway, Phase II
• Type: Resolution
• Status: Passed
• File created: 2/21/2007
• In control: City Attorney's Office
• Final action: 2/21/2007
• Title: Reduction of Retainage to Contract for Lake Michigan Pathway, Phase II Resolved, that 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.
• Sponsors: Ronald Hart
• Related files: 07-0158

Date	Ver.	Action By	Action	Result
2/21/2007	A	Common Council	Adopted

Sponsor

Alderman Hart

Title

Reduction of Retainage to Contract for Lake Michigan Pathway, Phase II

Resolved, that 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.