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HomeMy WebLinkAboutCity Council Resolution 2009-034CITY OF PLYMOUTH RESOLUTION No. 2009-034 A RESOLUTION TO APPROVE PAYMENT NO. 11 AND FINAL FERNBROOK LANE STREET AND SIGNAL IMPROVEMENTS S.P. 155-164-011 AND S.P. 155-164-014 CITY PROJECT NO. 1013 WHEREAS, the City of Plymouth as owner and Eureka Const., Inc., as contractor, have entered into an agreement for Fernbrook Lane Street and Signal Improvements, City Project No. 1013, said agreement being approved on June 26, 2007; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the final request for payment; NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was $3,637,704.68. Ten change orders and five Work Orders were approved in the amount of $300,157.63 and the value of the work to date is $3,991,542.04 and is herewith approved. This project exceeds the original contract amount by $353,837.36 or 9.7%. 2. That the work performed by the contractor for Fernbrook Lane Street and Signal Improvements and certified to the Council by the Engineer as acceptable, being the same, is hereby 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. 11 and Final in the amount of $234,731.09 to Eureka Const., Inc. for Fernbrook Lane Street and Signal Improvements is hereby approved and the Director of Administrative Services is hereby authorized and directed to pay the same forthwith. 4. Final funding will be as follows: Federal Funding $1,352,536 Municipal State Aid Funds 3,943,875 Water Fund 321,312 Special Assessments 319,977 $5,937,700 APPROVED THIS I OTH DAY OF FEBRUARY.