Discussion and possible action to authorize the release of the following 10% retainage payment:
Contractor
Project Address
Retainage Amount
Habitat for Humanity
2309 Severita Ln.
$2,000.00
Issue: Commissioner's Court approval is required in order to release final retainage payments.
Solution: Place the Agenda item in order to obtain Commissioner's Court approval to authorize this payment.
Result: Habitat for Humanity of Laredo will receive payment for services rendered.
Background:
This home has been completed and final inspections have been conducted. This home was assistd under the Self-Help Center New Construction Program, Grant Contract # 712003.
Previous Court Action:
Contract was awarded to Habitat for Humanity of Laredo on 2/11/13 (Item # 45) to construct a minimum of 4 new homes in partnership with the Webb County Self-Help Center Program.
Fiscal Impact
Budget Account Number:
508-2311
Funding Source:
508-2311
Balance:
N/A
Financial Impact:
Funded by Grant Funds for the Self-Help Center Program. No Impact to the General Fund.