HomeMy WebLinkAboutCity Council Resolution 1992-757CITY OF PLYMOUTH
RESOLUTION NO. 92-757
REQUEST FOR PAYMENT NO. 8 AND FINAL
PLYMOUTH BUSINESS CENTER STH ADDITION
CITY PROJECT NO. 715
WHEREAS, the City of Plymouth as owner and Richard Knutson, Inc. as
contractor, have entered into an agreement for Plymouth Business Center
5th Addition Improvements, City Project No. 715, said agreement being
dated August 22, 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 $512,760.04. Two
change orders were approved increasing the contract
amount by $31,548.78 and the value of the work to date
is $526,607.10 and is herewith approved. This project
underran the revised contract amount by $17,701.72 or
3.3X.
2. That the work performed by the Contractor for Plymouth
Business Center 5th Addition 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. 8 and Final in the amount of
$39,949.24 to Richard Knutson, Inc. for Plymouth
Business Center 5th Addition 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 November 16, 1992