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HomeMy WebLinkAboutVIII-05 - Approve Final Payment - 2018 Neighborhood Infrastructure Improvements City Council Memorandum To: Mayor Fasbender & City Council Members From: Ryan Stempski – City Engineer Date: January 28, 2019 Item: Approve Final Payment – 2018 Neighborhood Infrastructure Improvements COUNCIL ACTION REQUESTED Council is requested to adopt the attached resolution approving final payment to BCM Construction on City Project 2018-1, the 2018 Neighborhood Infrastructure Improvements. BACKGROUND INFORMATION All project work was completed in the fall, including punch list items per the Contract Documents. The 1-Year Warranty Period will extend to October 31, 2019. FINANCIAL IMPACT The contract amount, including Change Order #1 and #2 (for unforeseen subsurface conditions) was $1,762,017.50. The final total construction cost for the project was $1,751,191.18, which is nearly 1% under the contract amount. STAFF RECOMMENDATION Staff is recommending that the City Council adopt the attached resolution approving final payment for the project. ATTACHMENTS Resolution accepting work and ordering final payment for Project 2018-1, the 2018 Neighborhood Infrastructure Improvements. CITY OF HASTINGS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. RESOLUTION ACCEPTING WORK AND ORDERING FINAL PAYMENT FOR PROJECT 2018-1, THE 2018 NEIGHBORHOOD INFRASTRUCTURE IMPROVEMENTS WHEREAS, pursuant to a written contract signed with the City of Hastings on April 16, 2018, BCM Construction has satisfactorily completed City Project 2018-1, the 2018 Neighborhood Infrastructure Improvements. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HASTINGS AS FOLLOWS; that the Clerk and Mayor are hereby directed to issue a proper order for the final payment of $74,992.30 on the above said project for such contracts, taking the contractor receipt in full. ADOPTED BY THE CITY COUNCIL OF HASTINGS, MINNESOTA, THIS 4th DAY OF FEBRUARY, 2019. Ayes: Nays: Mary D. Fasbender, Mayor ATTEST: Julie Flaten, City Clerk SEAL