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HomeMy WebLinkAbout20-016 2017 Reconstruction Project Final Payment - Res with CE changes 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 20-016 A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO GEISLINGER AND SONS, INC. FOR THE 2017 RECONSTRUCTION PROJECTS (CITY PROJECT #TRN17-000002, TRN17- 000003, TRN17-000004, TRN17-000005) Motion By: Thompson Second By: Burkart WHEREAS, On May 22, 2017, the City Council adopted Resolution 17-079 which authorized the City to accept bids and award the City’s standardized construction contract for the 2017 Road Reconstruction Project. WHEREAS, The Contract outlined the improvements Geislinger and Sons, 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 Assistant 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 the 2017 Road Reconstruction Project. 3. Final payment will be made to Geislinger and Sons, Inc in the amount of $96,060.71 once all closeout documentation is received in accordance with the project specification s. 4. Staff is hereby authorized to amend the 2019 budgets and make the appropriate transfers between funds effective as of December 31, 2019. See the table below for the transfer summary. PASSED AND ADOPTED THIS 21TH DAY OF JANUARY 2020. VOTE Briggs Thompson Braid Burkart Erickson Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Jason Wedel, City Manager TRANSFER FROM 501 TO: Water Fund $0.00 $3,941.00 $0.00 $37,958.00 $41,899.00 Sewer Fund $0.00 $46,948.00 $40,000.00 $4,000.00 $90,948.00 Storm Water Fund $27,679.64 $60,000.00 $37,028.02 $0.00 $124,707.66 Total $27,679.64 $134,102.68 $77,028.02 $120,731.96 $359,542.30 OverallFUNDCates Transfer Balsam Transfer Franklin Transfer Sycamore Transfer