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HomeMy WebLinkAboutCity Council Resolution 2006-445CITY OF PLYMOUTH RESOLUTION NO. 2006-445 REQUEST FOR PAYMENT NO. 2 AND FINAL WALNUT GROVE LANE RETAINING WALL PROJECT CITY PROJECT NO. 6104 WHEREAS, the City of Plymouth as owner and TMS Constriction, Inc. as contractor, have entered into an agreement for the Walnut Grove Lane Retaining Wall Project, City Project No. 6104, said agreement was approved by the City Council on May 23, 2006; 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 $64,515.90 and the value of the work to date is $69,858.70 and is herewith approved. This project is above the original contract amount by 8%. 2. That the work performed by the contractor for the Walnut Grove Lane Retaining Wall Project No. 6104 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 $3,492.93 to TMS Constriction, Inc. for the Walnut Grove Lane Retaining Wall Project No. 6104 is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Funding will be from the Street Reconstruction Fund. Adopted by the City Council on November 14, 2006.