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24-097 To Accept Improvements & Authorize Final Payment for the Strawberry Lane Reconstruction Project, City Project 19-05• l • M=Vilol A RESOLUTION TO ACCEPT IMPROVEMENTS & AUTHORIZE FINAL PAYMENT FOR THE STRAWBERRY LANE RECONSTRUCTION PROJECT; CITY PROJECT 19-05 WHEREAS, the City of Shorewood awarded the Strawberry Lane Reconstruction Project to Kuechle Underground, Inc. at the October 24, 2022, Council Meeting in the amount of $4,595,317.41; and WHEREAS, Kuechle Underground, Inc. has completed all work in accordance with the contract and is requesting acceptance and final payment; and WHEREAS, the contractor has completed work in the amount of $4,428,936.77 and is $166,380.64 under the awarded contract award; and WHEREAS, Staff has reviewed the final punch lists, final estimate, verified quantities, IC-134s, lien waivers, warranty bonds, and recommends acceptance and final payment to Kuechle Underground, Inc in the amount of $54,214.48. NOW, THEREFORE, BE IT RESOLVED: the City Council of the City of Shorewood hereby accepts the improvements and authorize final payment in the amount of $54,214.48 to Kuechle Underground, Inc. for the Strawberry Lane Reconstruction Project. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 25t" day of November, 2024. Jevffiifer Labadie, Mayor At st: Sandie Thone, City Clerk