HomeMy WebLinkAboutCity Council Resolution 1993-438CITY OF PLYMOUTH
RESOLUTION NO. 93-438
REQUEST FOR PAYMENT NO. 6 AND FINAL
1992 STREET RECONSTRUCTION
CITY PROJECT NO. 201
WHEREAS, the City of Plymouth as owner and Valley Paving as contractor,
have entered into an agreement for 1992 Street Reconstruction, City
Project No. 201, said agreement being dated March 30, 1992; 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 $1,668,919.05.
The value of the work to date is $1,601,880.99 and is
herewith approved. This project underran the contract
amount by $67,038.06 or 42.
2. That the work performed by the Contractor for 1992
Street Reconstruction 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. 6 and Final in the amount of
$32,037.62 to Valley Paving for 1992 Street
Reconstruction 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 2, 1993.
•