HomeMy WebLinkAboutCity Council Resolution 2021-319
C ITY OF P LYMOUTH
R ESOLUTION N O. 2021-319
R ESOLUTION A PPROVING P AYMENT N O. 9 AND F INAL FOR THE
V ICKSBURG L ANE AND F ERNDALE R OAD P AVEMENT R EHABILITATION P ROJECT (ST199005)
WHEREAS, the City of Plymouth as the owner, and Valley Paving, Inc. as the contractor, have
entered into an agreement for the Vicksburg Lane and Ferndale Road Pavement Rehabilitation Project.
Said agreement was approved by the City Council on March 10, 2020; 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 $4,104,503.05,
the revised contract amount was $4,371,151.94, and the value of the work to date is
$4,134,264.81 and is approved. The final contract amount is $236,887.13, or 5.4% below the
revised contract amount.
2. That the work performed by the contractor for the Vicksburg Lane and Ferndale Road Pavement
Rehabilitation 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. 9 and Final in the amount of $90,421.91 to Valley Paving, Inc. for the
Vicksburg Lane and Ferndale Road Pavement Rehabilitation Project is approved and the Finance
Manager is authorized and directed to pay the same forthwith.
4. The total project cost is $4,823,904.54 which included pavement rehabilitation ($3,478,964.40),
trail improvements ($349,330.06), preventative maintenance ($305,970.35), engineering and
administration ($620,139.73), and easement acquisition ($69,500.00).
BE IT FURTHER RESOLVED, that the funding for this project would be from special assessments
($443,697.74), Street Reconstruction Fund ($2,777,613.07), Municipal State Aid Fund ($650,000.00),
Water Fund ($131,725.84), Sewer Fund ($8,998.75), Water Resources Fund ($32,500.00), Park
Dedication Fund ($166,194.47), Park Replacement Fund ($305,035.10), City of Orono ($266,826.97), and
City of Wayzata ($41,312.60).
APPROVED by the City Council on this 23rd day of November, 2021.