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Rangeley board approves $34,388.17 payment to contractor after executive session
Summary
Following executive sessions on confidential records and property, the Rangeley Select Board approved a payment of $34,388.17 to M and H, reflecting the contract price less liquidated damages, project setoffs and a 2% retainage; the vote was 4–0.
After returning from executive session, the Rangeley Select Board voted 4–0 to pay contractor M and H $34,388.17. The payment reflects the total contract price of $156,342 less liquidated damages of $15,500, project setoffs of $20,614.99 and a 2% retainage (noted in the record as $3,126.84), with prior payments including an earlier request paid on Sept. 15 in the amount of $82,712.
A board member moved the payment motion in open session and provided an amendment to include the prior payment amount in the record; another board member clarified that the retainage will be returned after the 12‑month warranty period. The board then voted; the motion carried 4–0. The board later entered a separate executive session under MRSA Title 1, ch.13, subch.1 §405(6)(C) on acquisition of property/economic development; that session ended with no action taken.
The payment and retainage handling were discussed on the record. Staff said the retainage would be returned to the contractor after the one-year warranty period, and the board recorded the vote and tally in the minutes. The board authorized the payment and moved on to adjourn.
