HomeMy WebLinkAboutCity Council Resolution 2016-371
C ITY OF P LYMOUTH
R ESOLUTION N O. 2016-371
R ESOLUTION A PPROVING R EQUEST FOR P AYMENT N O. 14 AND F INAL
P EONY L ANE N ORTH O F S CHMIDT L AKE R OAD (10015)
WHEREAS, the City of Plymouth as the owner and C.S. McCrossan Inc. as the contractor,
have entered into an agreement for the Peony Lane project, said agreement was approved by
the City Council on July 22, 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 HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA:
1. That the original contract amount was $9,774,956.80 and that the value of the
work to date is $9,552,704.29 and is herewith approved. The final contract
amount is $222,252.29 or 2.3% below the original contract amount.
2. That the work performed by the contractor for the Peony Lane 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. 13 and Final in the amount of $80,326.31 to C.S.
McCrossan Inc. for the Peony Lane project is approved and the Administrative
Services Director is authorized and directed to pay the same forthwith.
4. Funding for this project will be as follows:
Municipal State Aid Fund $11,064,618.50
Utility Trunk Fund $1,318,645.65
City of Maple Grove $1,881,217.63
Total Funding $14,264,481.78
APPROVED by the City Council on this 13th day of December, 2016.