HomeMy WebLinkAboutCity Council Resolution 2005-021CITY OF PLYMOUTH
RESOLUTION NO. 2005-021
REQUEST FOR PAYMENT NO. 7 AND FINAL
OLD ROCKFORD ROAD/HIGHWAY 55
AREA UTILITY IMPROVEMENTS PROJECT
CITY PROJECT NO. 1033
WHEREAS, the City of Plymouth as owner and Municipal Contracting Services, as
contractor, have entered into an agreement for Old Rockford Road/Highway 55 Area
Utility Improvements Project, City Project No. 1033, said agreement being dated
February 11, 2003; and
WHEREAS, on September 8, 2003, the surety company who supplied the performance
bond, Granite RE, Inc., was notified that the contract between Municipal Contracting
Services and the City of Plymouth was in default; and
WHEREAS, Granite RE, Inc. is required to fi 1611 the terms of the contract; 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 $550,999.10. One change order
was approved in the amount of $10,431.66 and the value of the work to
date is $561,202.81 and is herewith approved. This project does not
exceed the revised contract amount.
2. That the work performed by the contractor for Old Rockford
Road/Highway 55 Area Utility Improvements 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. 7 and Final in the amount of $5,000.00 to
Granite RE, Inc. for Old Rockford Road/Highway 55 Area Utility
Improvements Project is hereby approved and the City Finance Director is
hereby authorized and directed to pay the same forthwith.
Adopted by the City Council on January 25, 2005.