HomeMy WebLinkAboutCity Council Resolution 1992-436CITY OF PLYMOUTH
RESOLUTION NO. 92-436
REQUEST FOR PAYMENT NO. 3 AND FINAL
C.S.A.H. 10 AND NATHAN LANE
TRAFFIC SIGNAL
CITY PROJECT NO. 812
WHEREAS, the City of Plymouth as owner and Design Electric, Inc. as
contractor, have entered into an agreement for C.S.A.H. 10 and Nathan
Lane, City Project No. 812, said agreement being dated October 29, 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 $54,179. No
change orders were requested and the value of the work
to date is $55,009.45 and is herewith approved. This
project overran the contract amount by $830.45 or 1.5z.
2. That the work performed by the Contractor for C.S.A.H.
10 and Nathan Lane 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
$7,447.70 to Design Electric, Inc. for C.S.A.H. 10 and
Nathan Lane traffic signal is hereby approved and the
City Finance Director is hereby authorized and directed
to pay the same forthwith.
Adopted by the City Council on July 20, 1992
0