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HomeMy WebLinkAbout01-142 RESOLUTION 01-142 A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO LLOYD EXCAVATING, INC. FOR CATES STREET CHANNEL IMPROVEMENTS PROJECT - CITY PROJECT #01-15 Motion By: PETERSEN Second By: GUNDLACH WHEREAS, Lloyd Excavating, Inc. was awarded the contract for construction of Cates Street Channel Improvement Project, City Project 01-15; and WHEREAS, Lloyd Excavating, Inc. has in all respects completed the contract for construction of Cares Street Channel Improvement Project; and WHEREAS, the original contract for the Cates Street Channel Improvement Project is $15,295.50; and WHEREAS, additional length of channel was lined with fieldstone, which caused an overrun in quantities; and WHEREAS, the final contract amount is $21,806.50, which is $6,510~00 more than the original awarded contract amount; and WHEREAS, the City Engineer and Project Engineer recommend acceptance of the project and final payment of the contract. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated herein. 2. Final payment is authorized to be made to Lloyd Excavating, Inc. in the amount of $21,806.50 for the contract to construct Cates Street Channel Improvement Project, City Project 01-15. PASSED AND ADOPTED THIS 17~h DAY OF DECEMBER, 2001. YES NO Mader X Mader Ericson Absent Ericson Absent Gundlach X Gundlach Petersen X Petersen Zieska X Zieska q ~/ ( f City Man~g~~Prior Lake 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER