HomeMy WebLinkAboutCity Council Resolution 2021-008
C ITY OF P LYMOUTH
R ESOLUTION N O. 2021-008
R ESOLUTION A PPROVING P AYMENT N O. 8 AND F INAL FOR THE
C ANDLELIGHT T ERRACE S TREET R ECONSTRUCTION P ROJECT
C ITY P ROJECT N O. ST199001
WHEREAS, the City of Plymouth as the owner and GMH Asphalt Corporation as the contractor,
have entered into an agreement for the Candlelight Terrace Street Reconstruction Project. Said
agreement was approved by the City Council on May 14, 2019; and
WHEREAS, the Engineer has certified his acceptance of the work 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
$2,440,040.43, the revised contract amount was $2,455,450.31, and the value of the work
to date is $2,482,882.00 and is approved. The final contract amount is $27,431.69, or 1.1%
above the revised contract amount.
2. That the work performed by the contractor for the Candlelight Terrace Street
Reconstruction 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. 8 and Final in the amount of $65,219.88 to GMH Asphalt
Corporation for the Candlelight Terrace Street Reconstruction Project is approved and the
Finance Manager is authorized and directed to pay the same forthwith.
4. The total project cost was $2,855,314.30 which includes the street reconstruction
($2,482,882.00) and 15% for design and administration ($372,432.30).
BE IT FURTHER RESOLVED, that funding for this project shall come from Special Assessments
($624,923.64), Street Reconstruction Fund ($1,571,094.22), Water Fund ($598,795.80), Sewer Fund
($23,252.04), and Water Resources Fund ($37,248.60).
APPROVED by the City Council on this 12th day of January, 2021.