HomeMy WebLinkAboutCity Council Resolution 1979-050CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
' 15th day of January , 1979 . The following members were
present., Mayor Hunt, Gounci]memFe-rsRoyt,-3eils, Seibold and Spaeth
The following members were absent: None
Councilmember Neils introduced the following Resolution and
moved its adoption:
RESOLUTION NO. 79-50
AUTHORIZING RELEASE OF PERFORMANCE BOND AND FINAL PAYMENT FOR
W. H. CATES CONSTRUCTION COMPANY, GENERAL CONTRACTOR, FIRE STATION NO. 2
PROJECT NO. 608
WHEREAS, the staff has reviewed the work specified for completion under the
General Contract for Fire Station No. 2 and finds it to be substantially complete,
and
WHEREAS, performance bonds and final payments are still in the custody of the
City of Plymouth;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that it should and hereby does:
1. Authorize the reduction of the performance bond from the original contract
amount of $216,459 to $2,000. This remaining amount will guarantee pending
landscape work.
2. That the amount of $1,000 be issued to W. H. Cates Construction Company
as a final payment for this project.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Seibold , and upon vote being taken thereon, the
following vote n favor thereof: Mayor Hunt, Councilmembers Hoyt, Neils
and Seibold
The 0 ow ng aodW& abstained; Councilmember a ,
Whereupon the Resolution was declared duly pa%Std and adopted.