HomeMy WebLinkAboutCity Council Resolution 2004-507CITY OF PLYMOUTH
RESOLUTION NO. 2004-507
PAYMENT NO. 2 AND FINAL
2004 TRAIL PROJECT
NATHAN LANE/HIGHWAY 55 FRONTAGE ROAD
CITY PROJECT NO. 4113
WHEREAS, the City of Plymouth as owner and Magnum Company, LLC. as contractor,
have entered into an agreement for the 2004 Trail Project, City Project No. 4113, said
agreement was approved by the City Council on July 13, 2004; 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 $$57,859.85 and the value of the
work to date is $75,022.57 and is herewith approved. This project exceeds
the original contract amount due to Change Order No. 1 and an increase in
estimated quantities.
2. That the work performed by the contractor for the 2004 Trail 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. 2 and Final in the amount of $3,751.13 to
Magnum Company, LLC. for the 2004 Trail 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 December 14, 2004.