City Council Meeting Minutes
Council approves sixth payment to liquor store contractor
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Description
The City Council approved Payment Estimate No. 6 for $105,839.50 to Project One Construction, Inc. for liquor store construction work completed through November 29, 2025. The project is substantially complete, with retainage and bonding mechanisms in place until finalization.
Contract Details
Contract Amount
$105,839.50
Vendor
PROJECT ONE CONSTRUCTION INC
Agency
City of Paynesville, MN
Contract Type
CONSTRUCTION
Document Date
December 22, 2025
Contract Term
Work completed through November 29, 2025; project not yet finalized
Renewal Info
This payment is part of an existing construction contract with 5% retainage held until final completion; additional payment estimates are anticipated before project closeout.
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