Resolution authorizing the approval and execution of a Partial Final Estimate Reconciliation Agreement with Thadcon, LLC, 593 North Street, Daytona Beach, Florida 32114 for construction of the Orange Avenue Infrastructure Improvements Project and establishing the Final Completion date for the completed work as June 14, 2017.  Approval of this Agreement will provide payment in full to Contractor for the work that is completed, sets forth the credit to be provided to the City, will waive any right to claims that the Contractor may otherwise have regarding completed work and sets forth conditions and timeframe under which Contractor will return to complete the remaining minor unfinished work after Florida Power & Light  has completed the undergrounding of the power system and services.  No funding is required for this request.

Recommendation:  Deputy Public Works Director recommends adoption of the Resolution.