HomeMy WebLinkAboutCity Council Resolution 2004-326CITY OF PLYMOUTH
RESOLUTION NO. 2004-326
REQUEST FOR PAYMENT NO. 4 AND FINAL
PEONY/TROY LANE PROJECT
CITY PROJECT NO. 1029
WHEREAS, the City of Plymouth as owner and Buffalo Bituminous Inc. as contractor,
have entered into an agreement for Peony/Troy Lane Project, City Project No. 1029, said
agreement was approved by the City Council on September 9, 2002; 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 of $332,322.05 was reduced to
$328,228.48 as the result of Change Order No. 1, and the value of the
work to date is $313,962.53 and is herewith approved. This project does
not exceed the original contract amount.
2. That the work performed by the contractor for the Peony/Troy Lane
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 $5,215.16 to
Buffalo Bituminous Inc. for the Peony/Troy Lane 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 August 10, 2004.