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HomeMy WebLinkAbout3B - Prj. 88-21 - Duluth Ave Improvements . . '. .: ~ ~ '" . ' .. ... '. ~ .....,... '.. .' CONSENT AGENDA: PREPARED BY: SUBJECT: DATE: INTRODUCTION BACKGROUND: c. HERITAGE 1891 COMMUNITY 1991 18J:5f).AI' 2Q91 3 (b) BRUCE LONEY, ASSISTANT CITY ENGINEER CONSIDER APPROVAL FOR FINAL PAYMENT ON PROJECT 88-21, DULUTH AVENUE IMPROVEMENTS OCTOBER 7, 1991 The City of Prior Lake contracted with Imperial Developers, Inc. of Bloomington, Minnesota for the construction of grading, storm sewer, sidewalk and street improvements for Duluth Avenue from Colorado Street to County state Aid Highway 21 (CSAH 21). The purpose of this Agenda item is to receive Council approval of the final payment on this project. Imperial Developers, Inc. entered into a contract with the City on April 3, 1989. The engineering consulting firm, Toltz, King, Duvall, Anderson and Associates, Inc. (TKDA) prepared the plans and specifications, and performed the contract administration on the project for the 1989 and 1990 construction seasons. The City of Prior Lake's engineering department performed the contract administration for the 1991 construction season in order to minimize engineering costs and has certified that the work has been completed according to the s~ecifications. The Contractor has signed the f1nal 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 an~ of Its Political or Governmental Subdiv1sions. The contract bid amount for the project's base and alternate bid items was $91,862.00 with one change order amounting of $9,563.00, for a total of funds encumbered of $101,425.00. The final contract amount to complete the project is $98,915.42. The final contract amount of $98,915.42 is $2,509.58 under the total 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 ~. .,,~ .... ALTERNATIVES: RECOMMENDATION: BUDGET IMPACT: ACTION REQUIRED: defects for one year which begins the day the City Council approves the final payment. The Contractor has also submitted a maintenance bond for the amount of $5,000.00 for a period of three (3) years. An additional bond was requested by City staff after soil settlements were detected on Hampton street this past spring. This settlement area was repaired and the paving work completed for the project. However, additional settlements can sometime occur and in a period longer than the one year guarantee period, thus the maintenance bond was required. The contract bid amount for the project was $318,890.05 with the final contract amount to complete the project is $319,466.83. The final project cost was $576.78 over the contract bid amount. The final contract amount includes the amount for Change Order #1 of $13,426.00. The final amount due to the Contractor is $6,640.00. The invoice for final payment has been included with the invoices of this month for council approval. The alternatives are as follows: 1. authorizing Project No. $6,640.00 to final 90-13, CECA Approve a motion contract payment for in the amount of utilities, Inc. 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 through Special Assessments and the Trunk Reserve Fund. As part of the Consent Agenda, make a motion to authorize final payment to CECA utilities, Inc. in the amount of $6,640.00 for Project No. 90-13.