HomeMy WebLinkAboutCity Council Resolution 2003-408CITY OF PLYMOUTH
RESOLUTION NO. 2003-408
REQUEST FOR PAYMENT NO. 2 AND FINAL
2003 SEAL COAT PROGRAM
WHEREAS, the City of Plymouth as owner and Pearson Bros., Inc., as contractor, have entered
into an agreement for the 2003 Seal Coat Program, said agreement being dated May 29, 2003;
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 $190,824.12, and the value of the work to
date is $174,756.74 and is herewith approved. This project under ran the contract
amount by $16,067.38 or 9.5%.
2. That the work performed by the contractor for the 2003 Seal Coat Program 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 $8,737.84 to Pearson Bros.,
Inc. for the 2003 Seal Coat Program is hereby approved and the City Finance
Director is hereby authorized and directed to pay the same forthwith.
Adopted by the City Council on September 23, 2003.