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HomeMy WebLinkAboutCity Council Resolution 1993-628CITY OF PLYMOUTH RESOLUTION NO. 93-628 REQUEST FOR PAYMENT NO. 6 AND FINAL 1991 STREET RECONSTRUCTION - PHASE II CITY PROJECT NO. 102 WHEREAS, the City of Plymouth as owner and Valley Paving as contractor, have entered into an agreement for 1991 Street Reconstruction - Phase II, City Project No. 102, said agreement being dated February 18, 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 $996,464.50. One change order in the amount of $47,139.14 was approved and the value of the work to date is $1,045,274.09 and is herewith approved. This project overran the revised contract amount by $1,670.42 or .15x. 2. That the work performed by the Contractor for 1991 Street Reconstruction - Phase II 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 $22,542.52 to Valley Paving for 1991 Street Reconstruction - Phase Itis hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Adopted by the City Council on October 4, 1993. 11