HomeMy WebLinkAbout2020-111 CCRMember Graves
moved its adoption:
introduced the following resolution and
RESOLUTION NO. 2020-111
RESOLUTION ACCEPTING WORK PERFORMED AND AUTHORIZING FINAL
PAYMENT, MUNICIPAL LIQUOR STORE #1 CONSTRUCTION
WHEREAS, pursuant to a written contract signed with the City of Brooklyn
Center, Minnesota, B2 Builders LLC of Burnsville, Minnesota has completed the following
project in accordance with said contract:
Municipal Liquor Store #1 Construction at 1350A Shingle Creek Crossing,
Brooklyn Center, MN 55430
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn
Center, Minnesota, that
1. Final payment shall be made on Municipal Liquor Store #1 Construction,
taking the contractor's receipt in full. The total amount to be paid for said
improvements under said contract shall be $2,301,113.65. Remaining
balance currently outstanding is $49,992.64.
2. The estimated project costs and revenues are hereby amended as
follows:
COSTS
Construction Contract (Award+ Change Order)
Property Acquisition
Other Construction/Admin/legal
Total Project Costs
REVENUES
EDA Lease Revenue Bonds
Developer Contribution (Site Improvements)
Liquor Fund (Cash)
As Awarded + CO As Final
$ 2,301,116.65
690,000.00
616,883.35
3,608,000.00
As Awarded
$ 2,618,000.00
90,000.00
900,000900
$ 2,301,116.65
59429833
601,565.29
,.
3,496,980.27
As Final
00000
90,000.00
886,980.27
Total Revenues 3,608,000.00 31496,980.27
RESOLUTION NU. 2020-111
November 23, 2020
Date
ATTEST:
City Clerk
Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
Ryan
and upon vote being taken thereon, the following voted in favor thereof:
Butler, Elliott, Graves, Lawrence -Anderson, Ryan
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.