HomeMy WebLinkAboutCity Council Resolution 2005-325CITY OF PLYMOUTH
RESOLUTION NO. 2005-325
REQUEST FOR PAYMENT NO. 3 AND FINAL
2005 TEMPORARY OVERLAY PROJECT
CITY PROJECT NO. 5114
WHEREAS, the City of Plymouth as owner and Northwest Asphalt, Inc. as contractor,
have entered into an agreement for 2005 Temporary Overlay Project, City Project No.
5114, said agreement was approved by the City Council on May 24, 2005; 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 $424,823.23, the revised contract as
per Change Order No. l was $467,896.73 and the value of the work to date
is $479,626.69 and is herewith approved. This project exceeds the revised
contract amount by 2.5% due to an increase in estimated quantities.
2. That the work performed by the contractor for the 2005 Street
Reconstruction 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. 3 and Final in the amount of $35,130.34 to
Northwest Asphalt, Inc. for the 2005 Temporary Overlay Project is hereby
approved and the City Finance Director is hereby authorized and directed
to pay the same forthwith.
4. Final funding will be from: Street Replacement Fund $489,219.22
Adopted by the City Council on August 23, 2005.