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HomeMy WebLinkAbout3D - Downtown Street Improvements Prj. # 89-11 CONSENT AGENDA: PREPARED BY: SUBJECT: DATE: INTRODUCTION BACKGROUND: ALTERNATIVES: HERITAGE 1891 COMMUNITY 1991 WJ.5(JjV' 2Q91 3 (d) BRUCE LONEY, ASSISTANT CITY ENGINEER CONSIDER APPROVAL FOR FINAL PAYMENT ON PROJECT 89-11, DOWNTOWN STREET IMPROVEMENTS DECEMBER 3, 1990 The city of Prior Lake contracted with McNamara Contracting Company, Inc. of Apple Valley, Minnesota for the construction of city streets near the downtown area including the parking lot from Main Avenue to Hastings Avenue by the installation of bituminous surfacing, concrete curb and gutter, storm sewer, and sidewalk. The pro~ect has been completed and the purpose of th1S Agenda item is to receive council approval of the final payment to the Contractor. McNamara contracting Company, Inc. entered into a contract with the city on June 19, 1989. The city of Prior Lake's Engineering Department prepared the plans and specifications, performed the contract administration on the project and has certified that the work has been completed according to the specifications. The Contractor has signed the final estimate and submitted the following documents necessary for final payment: 1. Consent of Surety to Final Payment 2. Affidavits for Obtaining Final Settlement of contract with the state of Minnesota and any of Its Political or Governmental Subdivisions. The contract bid amount for the project was $871,738.65. The final contract amount to complete the project is $826,673.83. The final payment amount due the contractor is $12,987.81. The invoice for final payment has been included with the invoices of this month for council approval. The alternatives are as follows: 1. Approve a motion authorizing final contract payment for Project No. 89-11, in the amount of $12,987.81 to McNamara Contracting Company, Inc. 4629 Dakota 5t. S.E., Prior lake, Minnesota 55372 / Ph. (612) 447-4230 I Fax (612) 447-4245 RECOMMENDATION: BUDGET IMPACT: ACTION REQUIRED: 2. Disapprove the motion for a specific reason. 3. Table this item for specific reason. Alternate number one is recommended as the Contractor has completed the work, submitted the necessary documentation and has agreed to the final payment. This project will be paid for through special assessments and ad valorem tax based on our adopted assessment policy along with Municipal state Aid Funds for Duluth Avenue. As part of the Consent Agenda, make to authorize final payment to Contracting Compan~, Inc. in the $12,987.81 for ProJect No. 89-11. a motion McNamara amount of