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HomeMy WebLinkAboutCity Council Resolution 2007-205CITY OF PLYMOUTH RESOLUTION NO. 2007-205 REQUEST FOR PAYMENT NO. 7 AND FINAL 2005 STREET RECONSTRUCTION PROJECT CITY PROJECT NO. 5101 WHEREAS, the City of Plymouth as owner and Midwest Asphalt Corporation as contractor, have entered into an agreement for 2005 Street Reconstruction Project, City Project No. 5101, said agreement was approved by the City Council on June 14, 2005; 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 $2,331,421.88, revised contract amount of $2,435,263.69 and the value of the work to date is $2,439,055.22 and is herewith approved. This project is above the original contract amount by 0.2%. 2. That the work performed by the contractor for the 2005 Street Reconstruction Project No. 5101 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. 7 and Final in the amount of $166,562.89 to Midwest Asphalt Corporation for the 2005 Street Reconstruction Project No. 5101 is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Adopted by the City Council on May 8, 2007.