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HomeMy WebLinkAboutCity Council Resolution 2012-025CITY OF PLYMOUTH RESOLUTION No. 2012-025 REQUEST FOR PAYMENT NO. 2 AND FINAL 2010 MILL AND OVERLAY PROJECT CITY PROJECT NO. 10005 WHEREAS, the City of Plymouth as owner and Knife River, Corp. N.C., as contractor, have entered into an agreement for the 2010 Mill and Overlay Improvement (City Project No. 10005), which included 36th Avenue (Area - 1 located between Zachary Lane and T.H. 169) and on Nathan Lane/Old County Road 15/Revere Lane (Area - 2 located East of Saratoga Lane and South of T.H. 55), said agreement was approved by the City Council on May 11, 2010; and WHEREAS, the City 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 $503,870.24, one change order was approved in the amount of $23,074.27, and the value of the work to date is $506,536.59. The final amount owed is $44,714.87 and is herewith approved. This project is less than the revised contract amount by $20,407.92 or 3.9%. 2. That the work performed by the contractor for the 2010 Mill and Overlay Project No. 10005 and certified to the City Council by the City 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 $44,714.87 to Knife River Corp. N.C. for the 2010 Mill and Overlay Project — 36th Avenue (Area - 1 located between Zachary Lane and T.H. 169) and on Nathan Lane/Old County Road 15/Revere Lane (Area - 2 located East of Saratoga Lane and South of T.H. 55) City Project No. 10005 is hereby approved and the Director of Administrative Services is hereby authorized and directed to pay the same forthwith. 4. Funding will be from the Street Replacement Fund and Special Assessments. Approved this 24th day of January, 2012.