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HomeMy WebLinkAboutCity Council Resolution 1997-763• CITY OF PLYMOUTH RESOLUTION NO. 97 - 763 REQUEST FOR PAYMENT NO.6 AND FINAL 12"' AVENUE IMPROVEMENTS CITY PROJECT NO. 5023 WHEREAS, the City of Plymouth as owner and Ryan Contracting, Inc., as contractor, have entered into an agreement for 12" Avenue Improvements, City Project No. 5023, said agreement being dated July 24,1996; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the final request for payment. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was 1139,531.25. Two Change Orders were approved in the amount of $22,314.00. The value of the work to date is 1156,566.76 and is herewith approved. This project underran the revised contract amount by 15,278.49 or 3.3%. 2. That the work performed by the contractor for 121 Avenue 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. 6 and Final in the amount of 112,950.94 to Ryan Contracting, Inc. for the 12a Avenue Improvements Project is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. Adopted by the City Council on December 17, 1997. N MimiftwOwn D 10001KILWnAUIeNUrduarvTCt Rn 97-M dn. 71