HomeMy WebLinkAboutCity Council Resolution 2014-045CITY OF PLYMOUTH
RESOLUTION No. 2014-045
A RESOLUTION APPROVING REQUEST FOR PAYMENT NO. 6 AND FINAL
2012 STREET RECONSTRUCTION PROJECT
CITY PROJECT NO. 12001
WHEREAS, the City of Plymouth as the owner and New Look Contracting, Inc. as the
contractor, have entered into an agreement for the 2012 Street Reconstruction Project, City
Project No. 12001, said agreement was approved by the City Council on April 10, 2012; 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 that,
1. The original contract amount was $2,227,896.58 and the value of the work to date is
$2,086,177.37 and is herewith approved. The project is below the original contract
amount by 6.36%.
2. Work performed by the contractor for the 2012 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. 6 and Final in the amount of $183,140.92 to New Look
Contracting, Inc. for the 2012 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 ($84,851.55), the Sewer
Fund ($6,548.85), the Water Resources Fund ($26,138.70), Special Assessments
($971,126.98), and the Street Replacement Fund ($1,320,185.69).
ADOPTED this 11th day of February, 2014.