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HomeMy WebLinkAboutCity Council Resolution 2023-284 C ITY OF P LYMOUTH R ESOLUTION N O. 2023-284 R ESOLUTION A PPROVING F INAL C LOSEOUT FOR THE R IDGEMOUNT A VENUE R EHABILITATION P ROJECT (ST210002) WHEREAS, the jurisdiction of Ridgemount Avenue is shared between the City of Plymouth and the City of Minnetonka; and WHEREAS, the City of Plymouth and the City of Minnetonka have previously entered into a Joint Powers Agreement in which they agreed to improve Ridgemount Avenue. Said Joint Powers Agreement was approved by the City of Plymouth on March 24, 2020 and by the City of Minnetonka on April 6, 2020; and WHEREAS, the City of Minnetonka acted as the lead agency and the City of Plymouth is responsible for reimbursing the City of Minnetonka for its share of the cost of the improvements; and WHEREAS, the City Engineer has certified his acceptance of the work and his approval of the request for final payment to the City of Minnetonka. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the total project cost is $3,329,076.61, which includes the improvements ($2,896,879.01) and engineering and administration ($432,197.60). BE IT FURTHER RESOLVED: 1. The original funding for this project was from the Street Reconstruction Fund ($809,843.10), special assessments ($144,856.34), Water Fund ($633,864.13), Water Resources Fund ($84,071.88), Sewer Fund ($14,790.00), and the City of Minnetonka ($2,152,698.70). 2. That the funding for this project would be from the Street Reconstruction Fund ($700,055.63), special assessments ($144,856.34), Water Fund ($573,529.37), Water Resources Fund ($71,272.69), Sewer Fund ($9,119.50), and the City of Minnetonka ($1,830,243.08). APPROVED by the City Council on this 14th day of November, 2023.