HomeMy WebLinkAboutVIII-18 Pay Estimate No. 4 (Final) for Industrial Park Water Tower Reconditioning – Tanksco, Inc. ($57,410.25)City Council Memorandum
To: Mayor Fasbender & City Council Members
From: Ryan Stempski – Public Works Director
Date: December 1, 2025
Item: Approve Final Payment – Industrial Park Water Tower Reconditioning Project
COUNCIL ACTION REQUESTED
Council is requested to adopt the attached resolution approving final payment to Tanksco, Inc. on City Project
2025-2, the Industrial Park Water Tower Reconditioning Project.
BACKGROUND INFORMATION
All project work was completed in the fall, including punch list items per the Contract Documents. The 2-Year
Warranty Period will extend to July 27, 2027.
FINANCIAL IMPACT
There were no change orders on the project. The contract amount was $1,153,500 and the final construction
cost came in slightly under ($1,146,400).
STAFF RECOMMENDATION
Staff is recommending that the City Council adopt the attached resolution approving final payment for the
project.
ATTACHMENTS
Resolution accepting work and ordering final payment for Project 2025-2, the Industrial Park Water Tower
Reconditioning Project.
VIII-18
CITY OF HASTINGS
DAKOTA COUNTY,MINNESOTA
RESOLUTION NO.
RESOLUTION ACCEPTING WORK AND ORDERING FINAL PAYMENT
FOR PROJECT 2025-2, THE INDUSTRIAL PARK WATER TOWER RECONDITIONING PROJECT
WHEREAS, pursuant to a written contract signed with the City of Hastings on December 2, 2024, Tanksco, Inc., has
satisfactorily completed City Project 2025-2, the Industrial Park Water Tower Reconditioning Project.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HASTINGS AS FOLLOWS; that the Clerk
and Mayor are hereby directed to issue a proper order for the final payment of $57,410.25 on the above said
project for such contracts, taking the contractor receipt in full.
ADOPTED BY THE CITY COUNCIL OF HASTINGS, MINNESOTA, THIS 1st DAY OF DECEMBER 2025.
Ayes:
Nays:
Mary D. Fasbender, Mayor
ATTEST:
Kelly Murtaugh, City Clerk
SEAL
VIII-18
Final Pay App
3
OWNER:
City of Hastings, MN
CONTRACTOR:
Tanksco, Inc.
PROJECT: Dates of Estimate: 10/8/2025
1,000,000-Gallon Elevated Reservoir (Industrial Park Tower)Contract Amount Original: $1,153,500.00 From:7/24/2025
KLM Project No. 3173-24 Revised:To:10/8/2025
Contract Items This Period Total To Date
Bid Item Description Unit Qty. Unit Price Total Amt. Qty.Amt.Qty.Amount
For all labor, material, equipment & incidentals to furnish &
install the following:
1 Structure Modifications LS 1.00 219,500.00 ($ 219,500)0.01 ($2,195.00)1.00 ($ 219,500.00)
2 New Roof Handrail LS 1.00 32,000.00 ($ 32,000)($- )1.00 ($ 32,000.00)
3 Surface Repair Man-Hrs 100.00 120.00 ($ 12,000)0.00 ($- )100.00 ($ 12,000.00)
4 Interior Wet Area Abrasive Blast & Coating LS 1.00 275,000.00 ($ 275,000)0.00 ($- )1.00 ($ 275,000.00)
5 Interior Dry Area Abrasive Blast & Coating LS 1.00 180,000.00 ($ 180,000)0.00 ($- )1.00 ($ 180,000.00)
6 Exterior Area Abrasive Blast & Coating & Containment LS 1.00 410,000.00 ($ 410,000)0.00 ($- )1.00 ($ 410,000.00)
7 Mobilization LS 1.00 25,000.00 ($ 25,000)0.20 ($5,000.00)1.00 ($ 25,000.00)
Damages to job site LS 1.00 -7,100.00 -7,100.00 1.00 ($ (7,100.00)1.00 ($ (7,100.00)
*Includes materials on-hand per attached invoices.
This Period Total to Date
Amount Earned ($95.00)($ 1,146,400.00)
Amount Retained (5%)($ 57,315.25)
Less Previous Payments ($ (1,088,989.75)
Amount Due ($ 57,410.25)($ 57,410.25)
REQUESTED BY:TANKSCO, INC.
By: SauǶ BocanegrƝ
Date:10/8/2025
RECOMMENDED FOR PAYMENT:Consulting Engineer
By:
Date:
APPROVED FOR PAYMENT:The City Hastings, MN
By:
The Contractor certifies that all work including materials and equipment on hand, covered by this Partial Payment has been
completed or delivered in accordance with the Contract Documents, that all amounts have been paid by him/her for work, materials,Date:
and equipment for which previous Partial Payments were issued and received from the Owner, and that the current payment shown
herein is now due.
11-13-25
VIII-18