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HomeMy WebLinkAboutCity Council Resolution 2005-349CITY OF PLYMOUTH RESOLUTION NO. 2005-349 REQUEST FOR PAYMENT NO. 6 AND FINAL 2003 LANCASTER LANE TRAIL PROJECT CITY PROJECT NO. 3107 WHEREAS, the City of Plymouth as owner and Motzko Companies, LLC as contractor, have entered into an agreement for the 2003 Lancaster Lane Trail Project, City Project No. 3107, said agreement was approved by the City Council on July 22, 2003; 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 for the trail portion of the bid was $105,053.99 and the value of the work to date is $114,737.15 and is herewith approved. This project exceeds the revised contract amount by 9% due to an increase in estimated quantities. 2. That the work performed by the contractor for the 2003 Lancaster Lane Trail 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. 6 and Final in the amount of $5,076.86 to Motzko Companies, LLC via Northern Escrow, Inc. for the 2003 Lancaster Lane Trail Project, is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. 4. Final fiinding will be from the Park Dedication Fund in the amount of $155,581.82, which requires $19,725.58 to be transferred from the Park Dedication Fund 409 to Constriction Fund 401-3170-5409. Adopted by the City Council on September 13, 2005.