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HomeMy WebLinkAboutCity Council Resolution 1992-517CITY OF PLYMOUTH RESOLUTION NO. 92-517 REQUEST FOR PAYMENT NO. 4 AND FINAL POND BC -P1 OUTLET IMPROVEMENTS CITY PROJECT NO. 016 WHEREAS, the City of Plymouth as owner and Northdale Construction Company, Inc. as contractor, have entered into an agreement for Pond BC -P1, Outlet Improvements, City Project No. 016, said agreement being dated June 6, 1991; 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 $76,872.70. One change order was approved decreasing the contract amount by $4,479 and the value of the work to date is $75,623.54 and is herewith approved. This project overran the revised contract amount by $3,229.84 or 4.5x. 2. That the work performed by the Contractor for Pond BC- P., Outlet Improvements 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. 4 and Final in the amount of $6,853.48 to Northdale Construction Company, Inc. for Pond BC -P1, Outlet Improvements is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Adopted by the City Council on August 31, 1992