1993-11-08 Partial Payment Request
MEYER-ROHLIN, INC.
ENGINEERS-LAND SURVEYORS 1111 Hwy. 25 N., Buffalo, Minn.55313 Phone 612-682-1781
November 8, 1993
City of Albertville
c/o Linda Houghton, Clerk
Box 131
Albertville, MN 55301
RE: Parkside utilities and street
Albertville, Minnesota
Honorable Mayor and City Council:
The contractor for the above-referenced project has requested
partial payment for work completed to date. See the attached
payment recommendation to the developer. Since the developer is
making payment to the contractor wi th a portion of the let-tel' of
credit deposited with the City to guarantee completion of the
project, the City must therefore approve a reduction in the letter
of credit. The amount of the reduction is as follows:
$143,575.78 x 57% = $81,838.19
Since the work performed by the contractor reflected by this
amount has been completed, we recommend that Kenco Construction,
Inc. 's letter of credit be reduced by $81,838.19.
If you should have any questions, please feel free to contact me.
Sincerely,
MEYER-ROHLIN, INC.
~~
Norman Gartner
Professional Engineer
cc: Kenco
Latour Construction, Inc.
File S-93124
Thore P. Meyer, Professional Engineer Robert Rohlin, Licensed Land Surveyor
October 29th, 1993
Meyer-Rohlin, Inc.
1111 Hi ghway. 25 No.
Buffalo, MN 55313
Attention: Norm Gartner
Deat~ Not~m,
The following must be done before any advancement on loan and subs
can be paid in Parkside.
1. A request from the subcontractor with a request amount, original
bid amount, and percent complete ~nd a letter from your
confirming quantities and prices.
2. A reduction in our Letter of Credit from Albertville or a release
of that portion from council, otherwise the bank will not fund.
Therefore you will need to make a request to the city so they can
pass it at their council meeting which is twice a month. \
3. A lien wavier must be given to the bank at the time a check is
picked up.
4. Any changes and additions we must have signed change orders by
myself, you and Latour depicting change, otherwise they will not
be paid.
I will have everything set on my end and at the bank so the morning
after the councils action on reduction of Letter of Credit, the
contractor can pick his check up. Please let me know if there is
any thin. else I can do to expedite this pay process.