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HomeMy WebLinkAboutCity Council Resolution 1998-072CITY OF PLYMOUTH RESOLUTION NO. 98 - 72 REQUEST FOR PAYMENT NO. 2 AND FINAL 1997 SEAL COAT PROGRAM WHEREAS, the City of Plymouth as owner and Asphalt Surface Technologies Contracting Corp., as contractor, have entered into an agreement for the 1997 Seal Coat Program, said agreement being dated July 9, 1997; 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 $137,545.54, and the value of the work to date is $139,893.36 and is herewith approved. This project overran the contract amount by $2,347.82 or 1.7%. 2. That the work performed by the contractor for the 1997 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 $16,809.99 to Asphalt Surface Technologies Contracting Corp. for the 1997 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 February 4, 1998. C \Document, and Settnig, e,uigei Local Settnigs TempCCR 1998-0-2_W08 CCR 1998-0-2 doe