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HomeMy WebLinkAboutCity Council Resolution 2005-094CITY OF PLYMOUTH RESOLUTION NO. 2005-094 REQUEST FOR PAYMENT NO. 7 AND FINAL PEONY LANE/OLD ROCKFORD ROAD SIGNAL AND INTERSECTION IMPROVEMENTS PROJECT SAP 155-173-03 CITY PROJECT NO. 2009 WHEREAS, the City of Plymouth as owner and Electrical Installation and Maintenance, as contractor, have entered into an agreement for Peony Lane/Old Rockford Road Signal and Intersection Improvements, City Project No. 2009, said agreement being dated October 10, 2002; 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 $212,510.55. Three change orders were approved in the amount of $18,316.40 and the value of the work to date is $229,647.80 and is herewith approved. This project does not exceed the revised contract amount. 2. That the work performed by the contractor for Peony Lane/Old Rockford Road Signal and Intersection 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 $4,592.86 to Electrical Installation and Maintenance for Peony Lane/Old Rockford Road Signal and Intersection 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 March 8,2005.