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HomeMy WebLinkAboutCity Council Resolution 2019-285 C ITY OF P LYMOUTH R ESOLUTION N O. 2019-285 R ESOLUTION A PPROVING P AYMENT N O. 6 AND F INAL FOR THE T ROY L ANE R ECONSTRUCTION P ROJECT (ST180002) WHEREAS, the City of Plymouth as the owner and GMH Asphalt Corporation, as the contractor, have entered into an agreement for the Troy Lane Reconstruction Project. Said agreement was approved by the City Council on June 12, 2018; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the request for final payment. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was $821,107.64 and the value of the work to date is $820,943.68 and is approved. The final contract amount is $163.96 below the original contract amount. 2. That the work performed by the contractor for the Troy Lane Reconstruction Project and certified to the City Council by the engineer as acceptable, being the same, is released from the contract except as to the conditions of the performance bond, any and all legal rights of the owner, required guarantees, and correction of faulty work after final payment. 3. Request for Payment No. 6 and Final in the amount of $24,270.49 to GMH Asphalt Corporation for the Troy Lane Reconstruction Project is approved and the Administrative Services Director is authorized and directed to pay the same forthwith. 4. The total project cost is $1,043,667.36 which includes construction at $820,943.68, consulting engineering services at $181,676.50, and 5% administration at $41,047.18. BE IT FURTHER RESOLVED, that the funding for this project will be the Street Reconstruction Fund in the amount of $864,425.75 and special assessments in the amount of $179,241.61. APPROVED by the City Council on this 22nd day of October, 2019.