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HomeMy WebLinkAbout2007-018 CCRMember Kay I asman introduced the following resolution and moved its adoption: RESOLUTION NO. 2007-18 RESOLUTION ACCEPTING WORK PERFORMED AND AUTHORIZING FINAL PAYMENT, IMPROVEMENT PROJECT NO. 2005-05, CONTRACT 2005-G, TWIN LAKE AVENUE STREET, STORM DRAINAGE AND UTILITY IMPROVEMENTS WHEREAS, pursuant to a written contract signed with the City of Brooklyn Center, Minnesota, Arcon Construction Company, Inc. of Harris, Minnesota has completed the following improvement in accordance with said contract: Improvement Project No. 2005-05, Contract 2005-G, Twin Lake Avenue Street, Storm Drainage and Utility Improvements NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1. It is hereby directed that final payment be made on Contract 2005-G, Twin Lake Avenue Street, Storm Drainage and Utility Improvements, taking the contractor's receipt in full. The total estimated amount to be paid for said improvements under said contract shall be $795,397.58. 2. The estimated construction costs and revenues are hereby amended as follows: COSTS As Awarded As Final Contract $ 864,987.20 $ 795,397.58 Contingency Costs $ 86,498.72 $ 74,394.14 Admin/Legal/Engr. $ 113,528.00 $ 113,372.61 Total Est. Construction Cost $1,065,013.92 $ 983,164.33 REVENUES As Awarded As Final Street Assessment $ 37,977.51 $ 37,977.51 Storm Drainage Assessment $ 12,996.80 $ 12,996.80 Water Utility Fund $ 346,588.11 $ 318,682.26 Storm Drainage Utility Fund $ 163,430.46 $ 150,271.54 Street Construction Fund $ 504,021.04 $ 463,236.22 Total Estimated Revenue $ 1,065,013.92 $ 983,164.33 RESOLUTION NO. 2007-18 Januarv 8. 2007 Date ATTEST- City Clerk f~ Lam//~ r c. Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Mark Yelich and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Kay Lasman, Mary O'Connor, Dan Ryan, and Mark Yelich; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.