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Ordinance No. 13,717ORDINANCE NO. 13,717 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AUTHORIZING A PARTIAL RELEASE OF RETAINAGE IN THE AMOUNT OF FORTY THOUSAND TWO HUNDRED FIFTY-THREE AND 98/100 DOLLARS ($40,253.98) TO PELTIER BROTHERS CONSTRUCTION, LTD, FOR THE SAN JACINTO LIFT STATION PROJECT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ************************************************************************************* WHEREAS, the City of Baytown contracted with Peltier Brothers Construction, LTD, for the San Jacinto Lift Station Project (the "Project'); and WHEREAS, the construction of the project is 95% complete; and WHEREAS, the Project has been at a standstill for the last 10 months due to issues with CenterPoint Energy; and WHEREAS, Peltier Brothers Construction, LTD, has requested that the retainage for the completed portion of the Project be released; and WHEREAS, due to (i) the fact that neither the City nor Peltier Brothers Construction, LTD, is responsible for the delay and (ii) the fact that after the reduction of retainage, the City will still have sufficient retainage to cover the remaining work for the Project, the City Council believes that such request should be granted; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council hereby authorizes a partial release of retainage in the amount of FORTY THOUSAND TWO HUNDRED FIFTY-THREE AND 98/100 DOLLARS ($40,253.98) to Peltier Brothers Construction, LTD, for the San Jacinto Lift Station Project. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. A INTRODUCED, READ and PASSED by the affirmative vote Baytown this the 22"d day of March, 2018. ATTEST: ' SOF 5NYT01,y4f as T� LETICIA BRYSH, City erk c3 v _\�r e N a i `! o r.1. C APPROVED AS TO FORM: IGT,4ACIO RAMIREZ, SR., City orney the City Council of the City of DONCARLOS, Mayor cobfsONegal'.Karen FilesXity Council.Ordinances\2018\March 22\PartialReleaseofRetainage4SanJacintoLiftStationProject.doc