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HomeMy WebLinkAbout07-002 16200 Eagle Creek Avenue S.E. Prior Lake, MN 55372-1714 RESOLUTION 07-002 RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO NORTHWEST ASPHALT INC. FOR THE 2005 STREET IMPROVEMENT PROJECT (CITY PROJECT #05-11) Motion By: Millar Second By: Erickson WHEREAS, Northwest Asphalt Inc. of Shakopee, Minnesota was awarded the contract for the 2005 Street Improvement Project for the reconstruction of Fish Point Road, Fairlawn Shores Trail, Bluedorn Circle, Candy Cove Trail, and Centennial Street City Project 05-11 in the amount of $3,035,764.93, and WHEREAS, As a result of quantity under-runs and project deductions the contract amount was decreased by $178,931.63 to a total of $2,856,833.30, and WHEREAS, Northwest Asphalt, Inc. has in all respects completed the contract for the 2005 Improvement Project, and WHEREAS, The Public Works Director recommends acceptance of the project and Final Payment of the contract. 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. Full and final payment is hereby authorized to be made to Northwest Asphalt Inc. in the amount of $384,106.45 for the total contract amount of $2,856,833.30 for the 2005 Improvements Project, City Project 05-11. PASSED AND ADOPTED THIS 2ND DAY OF JANUARY, 2007. YES NO Hauaen X Hauaen Vacant Vacant Erickson X Erickson leMair X leMair Millar X Millar I:ICOUNCILIRESOLUTIIENG&PW RESI07 -002 Final Pay for 2005 Street Improvement Project(05-11 ).doc www.cityofpriorlake.com Phone 952.447.4230 / Fax 952.447.4245