HomeMy WebLinkAboutCity Council Resolution 2006-328CITY OF PLYMOUTH
RESOLUTION NO. 2006-328
REQUEST FOR PAYMENT NO. 5 AND FINAL
REVERE LANE EXTENSION PROJECT
CITY PROJECT NO. 4142
WHEREAS, the City of Plymouth as owner and Park Constriction Company, Inc. as
contractor, have entered into an agreement for the Revere Lane Extension Project, City Project
No. 4142, said agreement was approved by the City Council on June 28, 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 $296,816.42 and the value of the work to
date is $292,661.48 and is herewith approved. This project is below the original
contract amount by 1.5%.
2. That the work performed by the contractor for the Revere Lane Extension
Project 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. 5 and Final in the amount of $8,869.84 to Park
Constriction Company, Inc. for the Revere Lane Extension Project is hereby
approved and the City Finance Director is hereby authorized and directed to pay
the same forthwith. Funding will be from Special Assemments, the General
Fund and down payments held in the Unfinanced Constr tion Fund.
Adopted by the City Council on August 22, 2006.