Loading...
HomeMy WebLinkAboutCity Council Resolution 2019-329 C ITY OF P LYMOUTH R ESOLUTION N O. 2019-329 R ESOLUTION A PPROVING R EQUEST FOR P AYMENT N O. 8 AND F INAL P LYMOUTH C REEK S TREAM R ESTORATION (WRS16007) WHEREAS, the City of Plymouth as the owner, and Standard Contracting, Inc. as the contractor, have entered into an agreement for the Plymouth Creek Stream Restoration, said agreement was approved by the City Council on November 14, 2017; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the final request for payment. NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was $399,053.65 and that the value of the work to date is $413,492.13 and is approved. The final contract amount is $14,438.48 (or 3.5%) above the original contract amount. 2. That the work performed by the contractor for the Plymouth Creek Stream Restoration and certified to the 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. 8 and Final in the amount of $18,254.80 to Standard Contracting, Inc. for the Plymouth Creek Stream Restoration is approved and the Finance Manager is hereby authorized and directed to pay the same forthwith. BE IT FURTHER RESOLVED, that the total project costs shall include construction of the improvements in the amount of $413,492.24, and engineering and administration in the amount of $113,574.50 for a total project cost of $527,066.74. BE IT FURTHER RESOLVED, that funding for this project will be from the Water Resources Fund in the amount of $527,066.74. The City will be refunded from the Bassett Creek Watershed Management Commission (BCWMC) for $527,066.74. APPROVED by the City Council on this 10th day of December, 2019.