HomeMy WebLinkAboutCity Council Resolution 1996-277CITY OF PLYMOUTH
RESOLUTION N0. %.277
REQUEST FOR PAYMENT NO, 3 AND FINAL
PEONY LANE - GRADING
CITY PROJECT NO. 502
WHEREAS, the City of Plymouth as owner and Park Construction Co., as contractor,
have entered into an agreement for Peony Lane - Grading, City Project No. 502, said
agreement being dated October 10, 1995; and
WHEREAS, the Engineer has certified his acceptance of the work and his approval of
the final request for payment; and
WHEREAS, the City and contractor have agreed to terminate the contract before
completion of all work.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA:
1. That the original contract amount was $907,225.58. Om change order
was approved in the amount of $58,672 for revised contract amount of
$965,897.58. The value of the work completed before contract
termination is $374,791.97 and is herewith approved.
2. That the work performed by the contractor for Peony Lane - Grading
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 $88,328.36 to
Park Construction Co. for Peony Lane - Grading is hereby approved and
the City Finance Director is hereby authorized and directed to pay the
same forthwith.
Adopted by the City Council on May 15, 1996.
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