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HomeMy WebLinkAboutCity Council Resolution 2006-446CITY OF PLYMOUTH RESOLUTION NO. 2006-446 REQUEST FOR PAYMENT NO. 3 AND FINAL 2006 MILL AND OVERLAY PROJECT CITY PROJECT NO. 6106 WHEREAS, the City of Plymouth as owner and Northwest Asphalt, Inc. as contractor, have entered into an agreement for the 2006 Mill and Overlay Project, City Project No. 6106, said agreement was approved by the City Council on May 9, 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 $338,309.55 and the value of the work to date is $350,444.14 and is herewith approved. This project is above the original contract amount by 4%. 2. That the work performed by the contractor for the 2006 Mill and Overlay Project No. 6106 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 $29,052.58 to Northwest Asphalt, Inc. for the 2006 Mill and Overlay Project, City Project No. 6106 is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Funding will be from the Street Replacement Fund, Special Assessments, the Municipal State Aid Fund and the Community Improvement Fund. Adopted by the City Council on November 14, 2006.