Loading...
HomeMy WebLinkAbout5N Maplewood Final Payment Report 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: NOVEMBER 28, 2016 AGENDA #: 5N PREPARED BY: NICK MONSERUD, PROJECT ENGINEER PRESENTED BY: LARRY POPPLER, ENGINEERING / INSPECTIONS DIRECTOR AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FI- NAL PAYMENT TO VALLEY PAVING FOR THE MAPLEWOOD STREET IM- PROVEMENTS PROJECT (CITY PROJECT #TRN13-000005) DISCUSSION: Introduction The purpose of this item is to authorize full and final payment for the Maplewood Street Reconstruction Project. This project included sanitary sewer, watermain, storm sewer, and street reconstruction. History On April 14, 2014, the City Council awarded a construction contract to Valley Pav- ing for the Maplewood Street Improvements Project, City Project #TRN13- 000005. All work under the contract has been completed in accordance with the contract. All punch list items have been completed and any additional repairs will be covered under the project warranty. Current Circumstances The final payment amount is $23,260.16. With this payment, the total final con- tract amount paid to Valley Paving will be $465,203.27. This amount is $36,468.35 higher than the original contract amount of $428,734.92 which is 8.5% over the project budget. Extra costs were incurred for additional excavation, backfilling and pipe bedding. Conclusion Valley Paving delivered a quality project and has addressed the outstanding work items. It is appropriate to provide full and final payment at this time. ISSUES: The final acceptance and payment for the project has taken longer than expected due to warranty issues. These issues have been rectified. The final project support for this project has not yet been realized as the final as- built drawings have not yet been completed. However, it is estimated that there is approximately $6,000 remaining, which should be sufficient to cover staff time for project as-built and close out. The costs below include the estimated time associated with closure of this project. FINANCIAL IMPACT: Funding for the final payment is available in the Construction Fund for this project. The final project costs are as follows: 2 Construction Contract $465,203.27 Engineering, Legal, Admin $104,119.75 Project Cost $579,323.02 The original budget for this project was $524,191.17. Funding of this project is proposed on the table below: FUND AMOUNT Special Assessment $120,375.55 Tax Levy $200,696.93 Water Fund $173,529.62 Sewer Fund $84,720.92 Total Project Cost $579,323.02 The final work requires the transfer of dollars into the Construction Fund. The Water Fund transfer is $5,176.19 and Sewer Fund transfer is $10,942.28. ALTERNATIVES: 1. As part of the consent agenda, approve a resolution authorizing full and final payment to Valley Paving for the Maplewood Street Improvements Project #TRN13-000005. 2. Remove this item from the consent agenda for discussion. RECOMMENDED MOTION: Motion and second to approve alternative #1 as a part of the consent agenda. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 16-xxx A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO VALLEY PAVING FOR THE MAPLEWOOD STREET IMPROVEMENTS PROJECT #TRN13-000005 Motion By: Second By: WHEREAS, On April 14, 2014, the City Council adopted Resolution 14-044 which authorized the City to accept bids and award the City’s standardized construction contract for the Maplewood Street improvement project. WHEREAS, The Contract outlined the improvements Valley Paving was responsible for installing; and WHEREAS, These improvements and all other Contract responsibilities are now complete to the satisfaction of the City; and, WHEREAS, The City Engineer has reviewed the improvements and has written the acceptance letter for this project. 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. The City Council hereby accepts the improvements for Maplewood Street. 3. Final payment will be made to Valley Paving in the amount of $23,260.16. 4. The City Council hereby authorizes the following transfers for the project: a. Transfer of $5,176.19 from the Water Fund #601-49400.00-55530.00 to the Construction Fund #501-00000.00-39203.00-TRN13-000005 b. Transfer of $10,942.28 from the Sewer Fund #604-49450.00-55530.00 to the Construction Fund #501-00000.00-39203.00-TRN13-000005 PASSED AND ADOPTED THIS 28TH DAY OF NOVEMBER 2016 VOTE Hedberg Keeney McGuire Morton Thompson Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager