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HomeMy WebLinkAboutCity Council Resolution 1992-416CITY OF PLYMOUTH RESOLUTION NO. 92-416 REQUEST FOR PAYMENT NO. 2 AND FINAL PRIME DEVELOPMENT CORRECTIONS - SANITARY SEWER REBUILD CITY PROJECT NO. 111 WHEREAS, the City of Plymouth as owner and F.F. Jedlicki, Inc., as contractor, have entered into an agreement for sanitary sewer construction in and adjacent to 6th Avenue North in Prime West Business Park known as City Project No. 111, said agreement being dated August 19, 1991; and WHEREAS, the contractor has requested final payment and a reduction in retainage from 52 to OZ based on completion of required work related to rebuilding a portion of the sanitary sewer, plus the fact that all turf was established during the fall of 1991 and is now in good condition; and WHEREAS, the City Engineer concurs with the contractor's request and is satisfied that all of the required work on City Project No. 111 has been completed in a workmanlike manner and in accordance with the terms of the contract. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount, including change orders, was $22,990.00 and the total value of the work completed to date is $14,389.60. 2. That Payment No. 1 has been made based on a 5Z retainage, therefore, the total amount paid to date is $13,670.12. 3. Request for Payment No. 2 and Final in the amount of $719.48 based on the final contract amount of $14,389.60 is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith with funds from the previously established escrow account. Adopted by the City Council on July 6, 1992