HomeMy WebLinkAboutCity Council Resolution 2018-154
C ITY OF P LYMOUTH
R ESOLUTION N O. 2018-154
R ESOLUTION A PPROVING R EQUEST FOR P AYMENT N O. 2 AND F INAL FOR
S CHMIDT L AKE R OAD FROM P EONY L ANE TO F ERNBROOK L ANE
M ILL AND O VERLAY P ROJECT (ST179002.001)
WHEREAS, the City of Plymouth as the owner, and Asphalt Surface Technologies as the
contractor, have entered into an agreement for the Schmidt Lake Road from Peony Lane to
Fernbrook Lane Mill and Overlay Project, said agreement was approved by the City Council on
May 23, 2017; and
WHEREAS, the City 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 $727,893.75 and that the value of the work
to date is $762,473.48 and is approved. The final contract amount is $34,579.73 or
4.75% above the original contract amount.
2. That the work performed by the contractor for the Schmidt Lake Road from Peony
Lane to Fernbrook Lane Mill and Overlay Project and certified to the City Council
by the City Engineer as acceptable, being the same, is 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 $68,605.56 to Asphalt
Surface Technologies for the Schmidt Lake Road from Peony Lane to Fernbrook
Lane Mill and Overlay Project is approved and the Administrative Services Director
is authorized and directed to pay the same forthwith.
4. Funding for this project will be from the following sources: assessments in the
amount of $25,970.13, the Street Reconstruction Fund in the amount of
$830,204.37, the Water Resources Fund in the amount of $18,920.00, and the
Sewer Fund in the amount of $1,750.00.
APPROVED by the City Council on this 24th day of April, 2018.