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HomeMy WebLinkAboutCity Council Resolution 2020-038 C ITY OF P LYMOUTH R ESOLUTION N O. 2020-038 R ESOLUTION A PPROVING P AYMENT N O. 2 AND F INAL FOR THE 2018 P EDESTRIAN R AMP AND C ONCRETE R EPLACEMENT P ROJECT (ST189004.001) WHEREAS, the City of Plymouth as the owner and Ti-Zack Concrete Inc. as the contractor, have entered into an agreement for the 2018 Pedestrian Ramp and Concrete Replacement Project. Said agreement was approved by the City Council on August 8, 2017; and WHEREAS, the Engineer has certified acceptance of the work and 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 $255,940.00 and the value of the work to date is $286,935.00 and is approved. The final contract amount is $30,995.00 or 12.1% above the original contract amount. 2. That the work performed by the contractor for the 2018 Pedestrian Ramp and Concrete Replacement Project 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. 2 and Final in the amount of $14,346.75 to Ti-Zack Concrete Inc. for the 2018 Pedestrian Ramp and Concrete Replacement Project is approved and the Finance Manager is authorized and directed to pay the same forthwith. 4. The total project cost is $301,281.75 which includes construction improvements in the amount of $286,935.00 and 5% for design, inspection, and administration in the amount of $14,346.75. BE IT FUTHER RESOLVED, that the funding for this project will come from the Street Reconstruction Fund in the amount of $301,281.75. The appropriate funds will be transferred for 2019 year end. APPROVED by the City Council on this 28th day of January, 2020.