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HomeMy WebLinkAboutCity Council Resolution 2009-105CITY OF PLYMOUTH RESOLUTION No. 2009-105 A RESOLUTION APPROVING PAYMENT NO. 2 AND FINAL TRUNK HIGHWAY 55 CULVERT REPLACEMENT PROJECT, CITY PROJECT NO. 7138, S.P. 2723-116, S.A.P. 155-010-004 WHEREAS, the City of Plymouth as owner and Park Constriction Company of Hampton, Minnesota, have entered into an agreement for Trunk Highway 55 Culvert Replacement Project, City Project 7138, said agreement was approved by City Council on August 26, 2008; and WHEREAS, the City 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 $344,252.35, the revised contract amount was $320,172.43, and the value of work to date is $295,738.97 and is herewith approved. 2. That the work performed by the contractor for Trunk Highway 55 Culvert Replacement Project and certified to the Council by the City 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 $17,377.60 to Park Constriction Company for Trunk Highway 55 Culvert Replacement Project is hereby approved and the City's Administrative Services Director is hereby authorized and directed to pay the same forthwith. 4. Final funding will be as follows: Mn/DOT $307,000 Water Resources Fund* $ 70,000 $377,000 *The Water Resources Fund to be reimbursed by proceeds from the Tax Increment Finance District created for Plymouth Crossroads Station. APPROVED THIS 28TH DAY OF APRIL, 2009. Page 1