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HomeMy WebLinkAbout5G - Northwest Asphalt Payment MEETING DATE: AGENDA #: PREPARED BY: AGENDA ITEM: DISCUSSION: ISSUES: FINANCIAL IMPACT: ALTERNATIVES: RECOMMENDED MOTION: REV1TWED BY: -th"e Frank Boyles Ci 16200 Eagle Creek Avenue S.E. Prior Lake, MN 55372-1714 CITY COUNCIL AGENDA REPORT DECEMBER 19, 2005 5G LARRY POPPLER, ASSISTANT CITY ENGINEER CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO NORTHWEST ASPHALT, INC. FOR THE 2004 STREET IMPROVEMENT PROJECT (CITY PROJECT #04-11) Introduction The purpose of this item is to authorize full and final payment for the 2004 Improvement Project. This project included reconstruction of Rutledge Street, Red Oaks Road, Breezy Point Road, Stefan Circle, Adrian Circle, Bianca Circle, and Lakeview Circle. History On May 3, 2004, the City Council awarded a contract to Northwest Asphalt Inc. for the 2004 Improvement Project, (04-11). 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 full and final payment is $23,386.80 more than the original contract amount. This accounts for approximately 2% of the original contract amount. The overruns are due to minor changes in various project quantities. There are no issues regarding this agenda item. The original contract amount was $2,048,391.33. Due to quantity over-runs, the final contract amount is $2,071,778.13 or 2.0% over the original amount. Funding for this amount is available in the Construction Fund. There are three alternatives for the City Council to consider: 1. Approve Resolution OS-XX authorizing full and final payment to Northwest Asphalt Inc. for the 2004 Improvement Project. 2. Deny this item for a specific reason and provide staff with direction. 3. Table this item to a certain date in the future. A motion and second to approve Resolution OS-XX as part of the consent genda authorizing final payment to Northwest Asphalt Inc. Steve Albrecht, Public Works Director C:\Docurnents and Set ngs\cgreen\Local Settings\Ternporary Internet Files\OLKI62\04- I I finalpay (2).doc www.cityofpriorlake.com Phone 952.447.4230 / Fax 952.447.4245 16200 Eagle Creek Avenue S.E. Prior Lake, MN 55372-1714 RESOLUTION OS-XX RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO NORTHWEST ASPHALT INC. FOR THE 2004 STREET IMPROVEMENT PROJECT (CITY PROJECT #04-11) MOTION BY: SECOND BY: WHEREAS, Northwest Asphalt Inc. of Shakopee, Minnesota, was awarded the contract for the 2004 Street Improvement Project for the reconstruction of Rutledge Street, Red Oaks Road, Breezy Point Road, Adrian Circle, Stefan Circle, Bianca Circle, and Lakeview Circle City Project 04-11 in the amount of $2,048,391.33, and WHEREAS, As a result of quantity over-runs the contract amount was increased by $23,386.80 to a total of $2,071 ,778.13, and WHEREAS, Northwest Asphalt, Inc. has in all respects completed the contract for the 2004 Improvement Project, and WHEREAS, The Public Works Director recommends acceptance of the project and Final Payment of the contract. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA, 1. The recitals set forth above are incorporated herein. 2. Full and final payment is hereby authorized to be made to Northwest Asphalt Inc. in the amount of $64,487.88 for the total contract amount of $2,071,778.13 for the 2004 Improvements Project, City Project 04-11. PASSED AND ADOPTED THIS 19TH DAY OF DECEMBER, 2005. YES NO Hauaen Haugen Flemina Fleming leMair leMair Petersen Petersen Zieska Zieska { Seal} Frank Boyles, City Manager C:\Documents and Settings\cgreen\Local Settings\Temp~l'I~fm~mL~l%lm 1 finalpayres.doc Phone 952.447.4230 / Fax 952.447.4245