HomeMy WebLinkAboutCity Council Resolution 2007-445CITY OF PLYMOUTH
RESOLUTION NO. 2007-445
REQUEST FOR PAYMENT NO. 2 AND FINAL
2007 SEAL COAT PROGRAM
CITY PROJECT NO. 7117E
WHEREAS, the City of Plymouth as owner and Pearson Bros., Inc., as contractor, have entered
into an agreement for the 2007 Seal Coat Program, said agreement being dated May 8, 2007; and
WHEREAS, the City 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 $336,270.02, and the value of the work to
date is $337,029.61 and is herewith approved. This project exceeded the contract
amount by $759.59 or 0.2%.
2. That the work performed by the contractor for the 2007 Seal Coat Program 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. 2 and Final in the amount of $16,851.48 to Pearson
Bros., Inc. for the 2007 Seal Coat Program, City Project No. 7117E is hereby
approved and the Director of Administrative Services is hereby authorized and
directed to pay the same forthwith.
4. Funding for this project shall be as follows:
Street Maintenance $300,000.00
Street Replacement Fund $24,886.41
City of Orono $12,143.20
Adopted by the City Council on October 23, 2007.