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HomeMy WebLinkAbout3E - Prj. 91-14 Lakefront Park Trail Improvements " CONSENT AGENDA: PREPARED BY: SUBJECT: DATE: INTRODUCTION BACKGROUND: HERITAGE 1891 COMMUNITY 1991 18Xc;(Yj{ 20J, 3 (e) BRUCE LONEY, ASSISTANT CITY ENGINEER CONSIDER APPROVAL FOR FINAL PAYMENT ON PROJECT 91-14, LAKE FRONT PARK TRAIL IMPROVEMENTS NOVEMBER 4, 1991 The City of Prior Lake contracted with Prior Lake Blacktop, Inc. of Prior Lake, Minnesota for the construction of bituminous surfaced trails within Lakefront Park and adjacent to Main Avenue from Ridgemont Avenue to the Old Maintenance Shop road. The purpose of this Agenda item is to receive Council approval of the final payment on this project. Prior Lake Blacktop, Inc. entered into a contract with the City on September 3, 1991. The City's engineering department prepared the plans and specifications, and performed the contract administration on this project. The Contractor has signed the final estimate and submitted the following documents necessary for final payment: 1. Consent of Surety to Final Payment 2. Lien waivers The Contractor has submitted the affidavits for Obtaining Final Settlement of Contract with the State of Minnesota and any of Its Political or Governmental Subdivisions to the Minnesota Department of Revenue for certification. Issuance of the final payment to the Contractor will be contingent upon receipt of the certified W1thholding Affidavits from the Minnesota Department of Revenue. The contract bid amount for the project's base and alternate bid items was $69,690.25. The final contract amount to complete the project is $76,572.47. The final contract amount of $76,572.47 is $6,882.22 or 9.8% over the original contract amount. The cost overrun on this project is due to a combination of the ori9inal quantities bein9 underestimated and add1tional trail area be1ng added. A short segment of the trail and concrete curb cut on 4629 Dakota 51. 5.E., Prior Lake, Minnesota 55372 Ph. (612) 447.4230 / Fax (612) 447-4245 ~^' '''"~.~~~...."..", _..,...".,~".o\__",*-"~."._,,,.~ <".' _' """ _~__.<__,,<.~__.__,_____ '.~ ALTERNATIVES: RECOMMENDATION: BUDGET IMPACT: ACTION REQUIRED: West Avenue was inadvertently omitted from the initial trail quantity estimate. Additional trail width was added on the trail from Ridgemont Avenue for approximately 400 feet to accommodate vehicles during Lakefront days and a cul-de-sac was added br the bathhouse/concession stand to prov1de for vehicle turnaround. The final amount due to the Contractor is $52,164.24. The invoice for final parment has been included with the invoices of th1s month for Council approval. The alternatives are as follows: 1. Approve a motion authorizing final contract payment for Project No. 91-14, in the amount of $52,164.24 to Prior Lake Blacktop, Inc. contingent upon receipt of the Withholding Affidavits from the state of Minnesota. 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 the Park Dedication funds. As part of the Consent Agenda, make a motion to authorize final payment to Prior Lake Blacktop, Inc. in the amount of $52,164.24 for Project No. 91-14 contingent upon receipt of the IC-134 forms, Withholding Affidavit for Contractors.