HomeMy WebLinkAbout06-186 Keys Well Drilling Payment
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 06-186
CONSIDER APPROVAL OF A RESOLUTION APPROVING FULL AND FINAL PAYMENT AND THE
CONTRACT RELEASE AGREEMENT WITH KEYS WELL DRILLING CO. FOR WELLS NO.8 AND 9
Motion By: Millar
Second By: Dornbush
WHEREAS, The City Council authorized staff to terminate the contract with Keys Well Drilling Co.
on September 5, 2006; and
WHEREAS, The City Attorney has negotiated an agreement that best protects the City from claims
and preserves the project budget for Wells No. 8 and 9; and
WHEREAS, The City Council authorizes full and final payment in the amount of $30,008.75 to Keys
Well Drilling for Wells NO.8 and 9; and
WHEREAS The City has paid $413,595.00 for completion of Well No.8 and partial completion of
Well NO.9 which is $143,460.00 less than the contract amount of $557,055.00.
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 Mayor and City Manager are hereby authorized to execute the release agreement with Keys
Well Drilling Co. for Wells No.8 and 9, City Project No. #05-02.
PASSED AND ADOPTED THIS 16TH DAY OF OCTOBER, 2006.
YES
I Haulillen X
I Dornbush X
I Erickson X
j LeMair X
I Millar X
NO
Haugen
Dornbush
Erickson
LeMair
Millar
Frank ~~anager
~.(:ity()fpriorlake.C9m
Phone 952.447.4230 / Fax 952.447.4245