Loading...
HomeMy WebLinkAboutCity Council Resolution 2014-030CITY OF PLYMOUTH RESOLUTION No. 2014-030 A RESOLUTION APPROVING REQUEST FOR PAYMENT NO. 4 AND FINAL SAGAMORE STREET RECONSTRUCTION PROJECT CITY PROJECT NO. 13005 WHEREAS, the City of Plymouth as the owner and GMH Asphalt Corporation as the contractor, have entered into an agreement for the Sagamore Street Reconstruction Project, City Project No. 13005, said agreement was approved by the City Council on April 23, 2013; and WHEREAS, the Engineer has certified his acceptance of the work and his approval of the final request for payment. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: 1. That the original contract amount was $724,152.88 and the value of the work to date is $722,403.16 and is herewith approved. The project is below the original contract amount by 0.24%. 2. That the work performed by the contractor for the Sagamore Street Reconstruction Project 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. 4 and Final in the amount of $36,120.16 to GMH Asphalt Corporation for the Sagamore Street Reconstruction Project is hereby approved and the Administrative Services Director is hereby authorized and directed to pay the same forthwith. 4. Funding for this project will be through the Water Fund ($33,294.52), the Sewer Fund ($2,116.00), the Water Resources Fund ($18,423.00), Special Assessments ($265,728.58), and the Street Replacement Fund ($545,170.15). Approved this 28th day of January, 2014