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HomeMy WebLinkAboutCity Council Resolution 2021-069 C ITY OF P LYMOUTH R ESOLUTION N O. 2021-069 R ESOLUTION A PPROVING P AYMENT N O. 6 AND F INAL FOR THE B ROCKTON L ANE R ECONSTRUCTION P ROJECT (ST190005) WHEREAS, the City of Plymouth as the owner and New Look Contracting, Inc., as the contractor, have entered into an agreement for the Brockton Lane Reconstruction Project. Said agreement was approved by the City Council on March 26, 2019; and WHEREAS, the City Engineer has certified his acceptance of the work and his approval of the request for final 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 $2,187,869.70, the revised contract amount was $2,216,253.41, and the value of the work to date is $2,255,995.39 and is approved. The final contract amount is $42,741.98, or 1.9% above the revised contract amount. 2. That the work performed by the contractor for the Brockton Lane 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. 6 and Final in the amount of $475,665.44 to New Look Contracting, Inc. for the Brockton Lane Reconstruction Project is approved and the Finance Manager is authorized and directed to pay the same forthwith. 4. The total project cost is $2,710,794.47 which includes the improvements ($2,258,995.39) and design and inspection ($451,799.08). BE IT FURTHER RESOLVED, that the funding for this project would be from MSA Fund ($1,552,403.02), Water Fund ($20,527.53), Water Resources Fund ($6,931.48), and City of Medina ($1,130,932.44). APPROVED by the City Council on this 23rd day of February, 2021.