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HomeMy WebLinkAboutCity Council Resolution 1996-418CITY OF PLYMOUTH RESOLUIZON NO. % - 418 REQUEST FOR PAYMENT NO.2 AND FINAL COUNTY ROAD 61 (NORTHWEST BOULEVARD) PEDESTRIAN SIGNAL CITY PROJECT NO. 417 WHEREAS, the City of Plymouth as owner and Electric Service Co. Of Mpls., Inc., as contractor, have entered into an agreement for County Road 61 kNorthwest Boulevard) Pedestrian Signal, City Project No. 417, said agreement being dated March 4, 1996; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the final request for payment. NOW, THEREFORE, BE IT HE1EBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was $24,390 and the value of the work to date is $24,830.90 and is herewith approved. This project overran the contract amount by $440.90 or 1.8%. 2. That the work performed by the contractor for County Road 61 (Northwest Boulevard) Pedestrian Signal 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. 2 and Final in the amount of $2,818.92 to Electric Service Co. of Mpls., Inc. for County Road 61 (Northwest Boulevard) Pedestrian Signal 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 7, 1996. \\0Iyy1y\WI\EN0\P40JECTSM IT 4630L\FNLPMT,DX