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HomeMy WebLinkAboutCity Council Resolution 2003-070CITY OF PLYMOUTH RESOLUTION NO. 2003-070 REQUEST FOR PAYMENT NO. 11 AND FINAL CHESHIRE LANE BRIDGE AND STREET IMPROVEMENTS CITY PROJECT NO. 9006 WHEREAS, the City of Plymouth as owner and Redstone Construction, Inc., as contractor, have entered into an agreement for the Cheshire Lane Bridge and Street Improvements, City Project No. 9006, said agreement being dated March 27, 2001; 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 $991,528.51. Two change orders were approved in the amount of $15,402.93 The value of the work to date is $999,869.11 and is herewith approved. This project does not exceed the revised contract amount. 2. That the work performed by the contractor for the Cheshire Lane Bridge and Street 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. 11 and Final in the amount of $51,623.85 to Redstone Construction, Inc. for the Cheshire Lane Bridge and Street Improvements Project is hereby approved and the City Finance Director is hereby authorized and directed to pay the same forthwith. 4. The funding for this project is from the MSA and Special Assessment Fund. Adopted by the City Council on February 11, 2003. C:ADoc=cnts and Settingsubaird\Local Settings\Temp\CCR 2003-070_52672\CCR 2003-070.doc