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HomeMy WebLinkAboutCity Council Resolution 2005-303CITY OF PLYMOUTH RESOLUTION NO. 2005-303 REQUEST FOR PAYMENT NO. 3 AND FINAL 2004 STREET MILL & OVERLAY IMPROVEMENTS PROJECTS (PART 2) CITY PROJECT NO. 4115 WHEREAS, the City of Plymouth as owner and Bituminous Roadways, Inc, as contractor, have entered into an agreement for 2004 Street Mill & Overlay Improvements Project (Part 2), City Project No. 4115, said agreement being dated August 24, 2004; 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 $614,887.05. One change order was approved in the amount of $662,332.86 and the value of the work to date is $682,231.54 and is herewith approved. The final value of work completed is more than the revised contract amount by 2.9% or $19,898.68. 2. That the work performed by the contractor for the 2004 Street Mill & Overlay Improvements Project (Part 2), 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 $34,942.83 to Bituminous Roadways, Inc. for 2004 Street Mill & Overlay Improvements Project (Part 2), is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. 4. Final Funding will be: Water Resources $ 82,000 Street Replacement $710,000 Any future projects costs will be from the Street Replacement Fund. Adopted by the City Council on August 9, 2005.