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HomeMy WebLinkAboutCity Council Resolution 2017-038 C ITY OF P LYMOUTH R ESOLUTION N O. 2017-038 R ESOLUTION A PPROVING R EQUEST FOR P AYMENT N O. 2 AND F INAL E VEREST AND P ARKDALE D RAINAGE I MPROVEMENTS (11042 AND 15005) WHEREAS, the City of Plymouth as the owner and New Look Contracting as the contractor, have entered into an agreement for the Everest and Parkdale Drainage Improvements (11042 and 15005), said agreement was approved by the City Council on September 22, 2015; 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 $100,075.00 and that the value of the work to date is $107,285.00 and is herewith approved. The final contract amount is $7,210.00 or 7.2% above the original contract amount. 2. That the work performed by the contractor for the Everest and Parkdale Drainage Improvements 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 $5,364.25 to New Look Contracting for the Everest and Parkdale Drainage Improvements 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 through the Water Resources Fund in the amount of $112,649.25. APPROVED by the City Council on this 24th day of January, 2017.