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HomeMy WebLinkAboutCity Council Resolution 2020-328 C ITY OF P LYMOUTH R ESOLUTION N O. 2020-328 R ESOLUTION A PPROVING R EQUEST FOR P AYMENT N O. 4 AND F INAL FOR THE N EIGHBORHOOD D RAINAGE I MPROVEMENTS P ROJECT (WR18015) WHEREAS, the City of Plymouth as the owner, and Sunram Construction, Inc. as the contractor, have entered into an agreement for the Neighborhood Drainage Improvements Project. Said agreement was approved by the City Council on November 13, 2018; 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 between the owner and the contractor was $296,048.75 and the value of the work to date is $228,039.28 and is approved. The final contract amount is $68,009.47, or 22.9% below the original contract amount. 2. That the work performed by the contractor for the Neighborhood Drainage Improvements Project 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. 4 and Final in the amount of $14,004.01 to Sunram Construction, Inc. for the Neighborhood Drainage Improvements Project is approved and the Finance Manager is hereby authorized and directed to pay the same forthwith. 4. The total project cost was $311,305.28 which includes the drainage improvements ($228,039.28) and design and administration ($83,266.00). BE IT FURTHER RESOLVED, that the funding for this project will be from the Water Resources Fund ($311,305.28). APPROVED by the City Council on this 8th day of December, 2020.