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HomeMy WebLinkAboutCity Council Resolution 2004-415CITY OF PLYMOUTH RESOLUTION NO. 2004-415 REQUEST FOR PAYMENT NO. 8 AND FINAL NATHAN LANE/LANCASTER LANE IMPROVEMENTS CITY PROJECT NO. 1014 WHEREAS, the City of Plymouth as owner and Eureka Constriction, Inc., as contractor, have entered into an agreement for Nathan Lane/Lancaster Lane Improvement Project, City Project No. 1014, said agreement being dated May 22, 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 was $1,706,412.43. One change order was approved in the amount of $3,350.98. The value of the work to date is $1,685,995.68 and is herewith approved. The project does not exceed the original contract amount. 2. That the work performed by the contractor for Nathan Lane/Lancaster Lane Improvements 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. 8 and Final in the amount of $37,497.82 to Eureka Constriction, Inc. for the Nathan Lane/Lancaster Lane 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 October 12, 2004.