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HomeMy WebLinkAbout4F - Thomas Ryan Park Payment MEETING DATE: AGENDA # PREPARED BY: REVIEWED BY: AGENDA ITEM: DISCUSSION: ALTERNATIVES: RECOMMENDED MOTION: REVIEWED BY: CITY COUNCIL AGENDA REPORT JULY 15, 2002 4F AL FRIEDGES, PARKS SUPERVISOR BUD OSMUNDSON, PUBLIC WORKS DIRECTOR CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO HESELTON CONSTRUCTION FOR CONSTRUCTION OF THOMAS RYAN MEMORIAL PARK History On November 1, 1999, the City awarded Heselton Construction Company a contract for the construction of Thomas Ryan Memorial Park. All work under the contract has been completed and this agenda item requests full and final payment. Current Circumstances The final payment is for $4,725.00 for a total contract amount of$1,063,257.61. This is $11,324.89 under the original contract amount. The original contract amount was $1,074,582.50. The $11,324.89 deduct occurred due to better than anticipated soil conditions. Conclusion It is staff's recommendation to approve the final payment requested. Fiscal Impact The original contract for the construction of Thomas Ryan Memorial Park was $1,074,582.50. The final payment is $4,725.00, for a total project cost of $1,063,257.61. This is $11,324.891ess than the original contract. The funds will be drawn from the New Community Park portion of the Park and Library referendum. There are three alternatives for the City Council to consider: 1. Approve a resolution authorizing full and final payment to Heselton Construction Co. 2. Table this agenda item for a specific reason. 3. Deny this agenda item for a specific reason and provide staff with direction. Staff recommends alternative number 1. I BUdOon, bhe'Director Frank Boyl9( Ci a ager c:\'t'~~~tp~~W~et.~~?~eR).~ .aJrfflrID ~C55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER RESOLUTION O~ I 0 ~ RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO HESELTON CONSTRUCTION COMPANY FOR THE CONSTRUCTION OF THOMAS RYAN MEMORIAL PARK MOTION BY: WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, JP SECOND BY: f16 On February 25,1997, the citizens of Prior Lake passed a referendum which included the acquisition and development for athletic fields; and - Heselton Construction Company was awarded the contract for the construction of Thomas Ryan Memorial Park; and Heselton Construction Company has in all respects completed the contract for construction of Thomas Ryan Memorial Park; and The original contract for the construction of Thomas Ryan Memorial Park was $1,074,582.50; and Due to better than anticipated soils conditions there was a deduct of $11 ,324.89; and The final contract amount is $1,063,257.61; and Staff recommends acceptance of the project and full and final payment of the contract. NOW THEREFORE, BE IT RESOL YED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA, that 1. The recitals set forth above are incorporated herein. 2. Final payment is hereby authorized to be made to Heselton Construction in the amount of $4,725.00 for the contract to construct Thomas Ryan Memorial Park from the Park and Library referendum fund. Passed this 15th day of July 2002. { Seal } YES NO . Haugen \ Haugen LeMair \ LeMair Gundlach \ Gundlach Petersen \ Petersen Zieska \ Zieska I City Manager 16266~~~~eW~UW!9~E~1j:ffl~\CL~&?\MlnW~S~~"5!:1t~-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER