Loading...
HomeMy WebLinkAbout18-018 Credit River Road Final Payment 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 18-018 A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO CHARD TILING & EXCAVATING, INC. FOR THE CREDIT RIVER ROAD RECONSTRUCTION PROJECT (CITY PROJECT #TRN15- 000006) Motion By: Braid Second By: Burkart WHEREAS, On May 26, 2015, the City Council adopted Resolution 15-093 which authorized the City to accept bids and award the City’s standardized construction contract for the Credit River Road Reconstruction project; and, WHEREAS, The Contract outlined the improvements Chard Tiling & Excavating, Inc. 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 Credit River Road. 3. Final payment will be made to Chard Tiling & Excavating, Inc. in the amount of $117,296.07. 4. The City Council hereby authorizes the following transfers for the project: a. Transfer of $196,077.51 from the Construction Fund #501-80000.00-59203.00-TRN15-000006 to the Trunk Sanitary Sewer Fund #502-00000.00-39203.00 b. Transfer of $28,339.48 from the Construction Fund #501-80000.00-59203.00-TRN15-000006 to the Street Oversize Fund #503-00000.00-39203.00 upon receipt of payment from Scott County per the Cooperative Agreement between the County and City. PASSED AND ADOPTED THIS 5TH DAY OF FEBRUARY 2018 VOTE Briggs McGuire Thompson Braid Burkart Aye ☒ ☐ ☐ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☒ ☒ ☐ ☐ ______________________________ Frank Boyles, City Manager