HomeMy WebLinkAboutCity Council Resolution 2015-260CITY OF PLYMOUTH
RESOLUTION No. 2015-260
RESOLUTION APPROVING REQUEST FOR PAYMENT NO. 3 AND FINAL
PARKERS LAKE MILL AND OVERLAY PROJECT (14015)
WHEREAS, the City of Plymouth as the owner, and GMH Asphalt Corporation as the
contractor, have entered into an agreement for the Parkers Lake Mill and Overlay Project
(14015), said agreement was approved by the City Council on June 10, 2014; and
WHEREAS, the Engineer has certified his acceptance of the work and his approval of the
final request for payment.
NOW, THEREFORE, BE IT RESOLVED BYTHE MAYOR AND CITYCOUNCILOF THE CITY OF
PLYMOUTH, MINNESOTA:
1. That the original contract amount was $388,370.32 and the value of the work to date
is $391,996.30 and is herewith approved. The contract amount is above the original
contract amount by 0.93%. At the time the bids were received for the Parkers Lake
Mill and Overlay Project, the total estimated project cost was $775,402.25. At the
completion of the project, the total project cost is $737,412.95, including Engineering
and Administration. This project is 4.9% below the original estimate.
2. That the work performed by the contractor for the Parkers Lake Mill and Overlay
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. 3 and Final in the amount of $19,599.82 to GMH Asphalt
Corporation for the Parkers Lake Mill and Overlay Project is hereby approved and the
Administrative Services Director is hereby authorized and directed to pay the same
forthwith.
4. Funding for this project will be from assessments ($329,993.89), from the Water Fund
($274,401.37), from the Water Resources Fund ($12,215.83), and from the Street
Reconstruction Fund ($120,801.96).
APPROVED by the City Council on this 25th day of August, 2015.