HomeMy WebLinkAboutCity Council Resolution 2008-360CITY OF PLYMOUTH
RESOLUTION NO. 2008-360
REQUEST FOR PAYMENT NO. 3 AND FINAL
2008 MILL AND OVERLAY PROJECT
NIAGARA LANE
CITY PROJECT NO. 8109
WHEREAS, the City of Plymouth as owner and ASTECH, Corp. as contractor, have
entered into an agreement for the 2008 Mill and Overlay Project — Niagara Lane, City
Project No. 8109, said agreement was approved by the City Council on April 8, 2008;
and
WHEREAS, the Engineer has certified his acceptance of the work and his approval 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 was $349,980.04 and the value of the
work to date is $374,779.24. The final completion date was exceeded so
liquidated damages were assessed reducing the value of the work by
$7,200. The final amount owed is $367,579.24 and is herewith approved.
This project exceeds the original contract amount by $17,599.20 or 4.8%.
2. That the work performed by the contractor for the 2008 Mill and Overlay
Project No. 8109 and certified to the Council by the engineer as
acceptable, being the same, is hereby 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. 3 and Final in the amount of $38,383.45 to
ASTECH, Corp. for the 2008 Mill and Overlay Project — Niagara Lane,
City Project No. 8109 is hereby approved and the Director of
Administrative Services is hereby authorized and directed to pay the same
forthwith.
4. Funding will be from the Street Replacement Fund and Special
Assessments.
Adopted by the City Council on November 25, 2008.