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HomeMy WebLinkAboutCity Council Resolution 1999-086CITY OF PLYMOUTH RESOLUTION NO. 99-86 REQUEST FOR PAYMENT NO. 6 AND FINAL VICKSBURG LANE, 35TH AND 36TH AVENUE TRAFFIC CONTROL SIGNAL SYSTEM CITY PROJECT NO. 7023 WHEREAS, the City of Plymouth as owner and Water Street Electric, Inc., as contractor, have entered into an agreement for Vicksburg Lane, 35th and 36th Avenue Traffic Control Signal System, City Project No. 7023, said agreement being dated April 6, 1998; 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 $119,219.20. One change order was approved in the amount of $20,094 and the value of the work to date is $137,557.49 and is herewith approved. This project underran the contract amount by $1,755.71 or 1.3%. 2. That the work performed by the contractor for Vicksburg Lane, 35th and 36th Avenue Traffic Control Signal System 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. 6 and Final in the amount of $10,388.86 to Water Street Electric, Inc. for Vicksburg Lane, 35th and 36th Avenue Traffic Control Signal System 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 16, 1999. C:ADoc=cnts and Settingsubaird\Local Settings\Temp\CCR 1999-086_59281\CCR 1999-086.doc