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HomeMy WebLinkAboutCity Council Resolution 1992-144CITY OF PLYMOUTH RESOLUTION NO. 92- 144 REQUEST FOR PAYMENT NO. 11 AND FINAL 1990 STREET RECONSTRUCTION PROGRAM CITY PROJECT NO. 001 WHEREAS, the City of Plymouth as owner and Hardrives, Inc., as contractor, have entered into an agreement for the 1990 Street Reconstruction Program, City Project No. 001, said agreement being dated June 21, 1990; and WHEREAS, the Engineer has certified acceptance of the work and 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 $1,868.233.05. Two change orders were approved in the amount of $27,824.20, and the value of the work to date is $1,888,708.37 and is herewith approved. This project underran the contract amount by $7.348.88 or 0.392. 2. That the work performed by the Contractor for the 1990 Street Reconstruction Program, 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. 11 and Final in the amount of $38,733.19 to Hardrives, Inc. for the 1990 Street Reconstruction Program is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Adopted by the City Council on February 24, 1992.