Loading...
HomeMy WebLinkAbout5M Markley Lake Trail Project Final Accept Report 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: SEPTEMBER 26, 2016 AGENDA #: 5M PREPARED BY: KATY GEHLER, PUBLIC WORKS/NATURAL RESOURCES DIRECTOR PRESENTED BY: KATY GEHLER AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FI- NAL PAYMENT TO BARBER CONSTRUCTION, INC. FOR THE MARKLEY LAKE TRAIL PROJECT (CITY PROJECT #PRK15-000006) DISCUSSION: Introduction The purpose of this item is to authorize full and final payment for the Markley Lake Trail Project. History Barber Construction completed the Markley Lake Trail Project (#PRK15-000006) in accordance with the construction contract awarded by the Council on November 9, 2015. The Project Engineer has prepared a Certification of Completion indicat- ing that all work is completed including all punch list items and is recommending acceptance of the improvements and release of final retainage. Project ac- ceptance will initiate the one-year warranty period for the improvements. Current Circumstances The final payment amount is $22,382.33. With this payment, the total final con- tract amount paid to Barber Construction will be $447,646.62 the total contract amount. Conclusion Barber Construction delivered the project within the project specifications and budget and has addressed all outstanding work items. It is appropriate to provide full and final payment at this time. ISSUES: Retainage is being released with this final payment in accordance with the Con- tract. This payment in addition to the previous payments represents 100% of the current total contract amount. FINANCIAL IMPACT: Funds are available in the Capital Park Fund, which is supported by fees dedi- cated by development for new city park facilities. ALTERNATIVES: 1. Motion and a second as part of the consent agenda to approve a resolution authorizing full and final payment to Barber Construction for the Markley Lake Trail Project #PRK15-000006. 2. Remove this item from the consent agenda for additional discussion. RECOMMENDED MOTION: Motion and second to approve alternative #1. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 16-XXX A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO BARBER CONSTRUCTION, INC FOR THE MARKLEY LAKE TRAIL PROJECT (CITY PROJECT #PRK15-000006) Motion By: Second By: WHEREAS, Barber Construction Inc, St. Bonifacius, Minnesota was awarded a contract in the amount of $443,713.00 for construction of Markley Lake Trail; and WHEREAS, Barber Construction Inc, has in all respects completed the contract work for the Markley Lake Trail Project; and WHEREAS, The Public Works Director recommends acceptance of the project and Final Payment of the contract. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Full and final payment is hereby authorized to be made to Barber Construction Inc in the amount of $22,382.33 for the total contract amount of $442,713.00 for the Markley Lake Trail Project. 3. Funding for the final payment shall come from the Capital Park Fund. 4. Any additional project support costs will be paid from the Capital Park Fund. PASSED AND ADOPTED THIS 26TH DAY OF SEPTEMBER 2016 VOTE Hedberg Keeney McGuire Morton Thompson Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager