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HomeMy WebLinkAboutCity Council Resolution 2012-342CITY OF PLYMOUTH RESOLUTION No. 2012-342 A RESOLUTION TO APPROVE PAYMENT NO. 1 AND FINAL 2012 CRACK REPAIR PROGRAM CITY PROJECT NO. 12011 WHEREAS, the City of Plymouth as owner and Precision Sealcoating, Inc., as contractor, have entered into an agreement for 2012 Crack Repair Program, City Project No. 12011, said agreement being approved on April 10, 2012; and WHEREAS, the City Engineer has certified his acceptance of the work completed 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 $392,586.00. The total value of the work to date is $151,822. 10 and is herewith approved. 2. That the work performed by the contractor for the 2012 Crack Repair Program and certified to the 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. 1 and Final in the amount of $151,822.10 to Precision Sealcoating, Inc. is hereby approved and the Director of Administrative Services is hereby authorized and directed to pay the same forthwith. Approved this 27th day of November, 2012.