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Councilm~b~r <br />adoption: <br /> <br />introduced the following resolution and moved for its <br /> <br />RESOLUTION 094-01- <br /> <br />RESOLUTION APPROVING FINAL PAYMENT FOR S.J. LOUIS <br />CONSTRUCTION, INC. FOR IMPROVEMENT PROJECT 4~92-15 <br /> <br /> WHEREAS, the City Council of the City of Ramsey approved this project on <br />June 9, 1992; land <br /> <br /> WHEREAS, the City Council of the City of Ramsey adopted Resolution <br />awarding the, bid to S,J. Louis Construction, Inc. for the construction of Improvement <br />Project g92-15; and <br /> <br /> WHEREAS, the Consulting Engineer, Peter Raatikka of Hakanson Anderson <br />Associates, I~c., recommended final payment to S.J. Louis Construction, Inc. in the <br />amount of $857.50; and <br /> <br /> WHEREAS, the retainage for the project has been deposited in an escrow <br />account with the Zapp Bank; and <br /> <br /> WHEREAS, final completion of the project relinquishes the need for retainage to <br />remain encumbered. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as <br />follows: <br /> <br />1) <br /> <br />2) <br /> <br />That .thc City Council hereby authorizes final payment to S.J. Louis Consu'uction, <br />Inc. for the construction of Improvement Project g92-15 in the amount of $857.50. <br /> <br />That the City Council hereby authorizes the Mayor or City Administrator to sign the <br />release form for this final payment. <br /> <br />3) <br /> <br />That ,the total amount of this final payment is not included in the resolution <br />apprOVing payment of the bills for the month of January 1994. <br /> <br />4) <br /> <br />That the City of Rarnsey Finance Department be provided a signed copy of this <br />resolution. <br /> <br />5) <br /> <br />That a copy of this resolution serve as notice to the Zapp Bank that any escrow <br />encumbered as a result of this project may now be released to S.J. Louis <br />Conslrucfion, Inc. <br /> <br />The motion: for the adoption of the foregoing resolution was duly seconded by <br />Councilmember and upon vote being taken thereon, the following voted in <br />favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City <br />Council this'the 25th day of January, 1994. <br /> <br />7 <br /> <br /> <br />