Resolution - #08-02-043 - 02/26/2008

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Councilmember Olson introduced the following resolution and moved for its adoption: RESOLUTION #08-02-043 RESOLUTION AUTHORIZING 5th PARTIAL PAYMENT TO PARK CONSTRUCTION FOR IMPROVEMENT PROJECT #05-20 RAMSEY BOULEVARD IMPROVEMENTS WHEREAS, on January 24, 2006, City Council adopted Resolution #06-01-035 approving the plans and specifications for the above referenced work; and WHEREAS, pursuant to an advertisement for bids for the Improvement Project #05':'20, bids were received, opened and tabulated according to law; and WHEREAS, on April 11 th, 2006, City Council adopted Resolution #06-04-118 awarding the contract to Park Construction: WHEREAS, Public Works Director/Principal Engineer Brian Olson has inspected the completed work and recommends 1 st partial payment to Park Construction in the amount of $279,512.73. WHEREAS, Public Works Director/Principal Engineer Brian Olson has inspected the completed work and recommends 2nd partial payment to Park Construction in the amount. of $472,494.13. WHEREAS, Public Works Director/Principal Engineer Brian Olson has inspected the completed work and recommends 3rd partial payment to Park Construction in the amount of $745,433.39. WHEREAS, Public Works Director/Principal Engineer Brian Olson has inspected the completed work and recommends 4th partial payment to Park Construction in the amount of $209,516.07. WHEREAS, Public Works Director/Principal Engineer Brian Olson has inspected the completed work and recommends 5th partial payment to Park Construction in the amount of $90,339.81. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA: 1) That the City Council hereby authorizes partial payment to Park Construction for Improvement Project #05-20 in the amount of$90,339.81. 2) That the City Council hereby accepts the project and authorizes the Mayor or City Administrator to sign the release form for this payment. RESOLUTION #08-02-043 Page 1 of2