Agenda - Council - 02/27/2007 - Laserfiche WebLink

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WHEREAS, Public Works Director/Principal Engineer, Brian Olson has inspected the completed work and recommend 6 th partial payment to be paid as such: to LaTour Construction in the amount of $1,192,365.28 and Securities America for retainage of $62,756:06 for a total payment of $1,255,121.34. • ` WHEREAS, Public Works Director/Principal Engineer, Brian Olson has inspected the completed work and recommend 7 th partial payment to be paid as such: to LaTour. Construction in the, amount of $89,473.02 and Securities America for retainage of $4,709.11 for a total payment of $94,182.15. WHEREAS, Public Works Director/Principal Engineer, Brian Olson has inspected the completed work and recommend 8 th partial payment to be paid as such: to LaTour Construction in the amount of $56,704.55 and Securities America for retainage of $2,984.45 for a total payment of $59,689.00. WHEREAS, Public Works Director/Principal Engineer, Brian Olson has inspected the completed work and .recommend 9 th partial payment to be paid as such: to LaTour Construction in the amount of $178,478.93 and Securities America for retainage of $9,393.60 for a total payment of $187,872.53. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: - 1) That the City Council hereby authorizes partial payment to LaTour Construction for Improvement Project #03 -20 in the amount of $187,872.53.00. • 2) That the City Council hereby accepts the project and authorizes the Mayor or City Administrator to sign the release form for this payment. 3) That the total amount of this payment is not included in resolutions approving payment of bills for the date of February 27, 2007. 4) That the City of Ramsey Finance Department will be provided a signed copy of this resolution. The motion for the adoption of the foregoing resolution was duly.seconded by Councilmember , and upon vote being taken thereon, the following voted in favor thereof. and the following voted against the same: and the following abstained: and the following were absent: • RESOLUTION #07- 02 -XXX Page 2 of 3 —54—