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Release of Escrow Agreement - Release Funds for Howard Park Redevelopment Project - Larson-Danielson Construction Co., Inc.
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Release of Escrow Agreement - Release Funds for Howard Park Redevelopment Project - Larson-Danielson Construction Co., Inc.
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4/16/2020 3:49:28 PM
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4/16/2020 3:49:22 PM
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Board of Public Works
Document Type
Contracts
Document Date
4/14/2020
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BOARD OF PUBLIC WORKS <br />AGENDA ITEM REVIEW REQUEST FORM <br />Date 4/1/20 <br />Department VPA <br />Name Ken Glowacki <br />BPW Date 4/14/20 Phone Extension 235-9195 <br /> <br />Review and Approval Required Prior to Submittal to Board <br />Diversity Compliance <br /> Officer Name <br />and Inclusion Officer <br />BPW Attorney Attorney Name <br />Dept. Attorney Attorney Name Clara McDaniels <br /> <br />Purchasing <br />Check the Appropriate Item Type Required for All Submissions <br /> Professional Services Agreement Contract Proposal <br /> Open Market Contract Amendment/Addendum Special Purchase, QPA <br /> Bid Opening Bid Award Req. to Advertise Title Sheet <br /> Quote Opening Quote Award Reject Bids/Quotes <br /> Proposal Opening C/O & PCA No. PCA <br /> Chg. Order, No. Traffic Control Resolution <br /> Other: Escrow Release Ease./Encroach <br />Required Information <br />st <br />Company or Vendor Name 1 Source Bank <br /> Yes If Yes, Approved by Purchasing <br />New Vendor <br /> No <br /> MBE Yes <br />MBE/WBE Contractor Completed E-Verify Form Attached <br /> WBE No <br />Project Name Howard Park <br />Project Number <br />st <br />No funding, the amount has been deposited at 1 Source Bank (escrow <br />Funding Source agent) <br />Account No. <br />Amount $756,153.15 <br />Terms of Contract <br />st <br />Purpose/Description Requesting release of $756,153.15 (75%) of the escrow at 1 Source Bank for <br />the Howard Park project. <br />For Change Orders Only <br />$ <br /> Increase <br />Amount of <br /> Decrease ($ ) <br />Previous Amount $ <br /> % <br />Increase <br />Decrease ( %) <br />Current Percent of Change: <br /> <br />New Amount $ <br /> % <br />Increase <br />Decrease ( %) <br />Total Percent of Change: <br /> <br />Time Extension Amount: <br />New Completion Date: <br />
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