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Councilmember Heineman introduced the following resolution and moved for its adoption: RESOLUTION #22-023 RESOLUTION AUTHORIZING FINAL PAYMENT TO NORTH VALLEY, INC. FOR IMPROVEMENT PROJECT #21-04, 2021 NEIGHBORHOOD PAVEMENT OVERLAY IMPROVEMENTS WHEREAS,the City of Ramsey proposes to overlay the pavement on numerous neighborhood street segments in 2021 as identified within the 2021 —2030 Capital Improvement Program; and WHEREAS, funding for this improvement is proposed to come from the Pavement Management Fund and Stormwater Utility Fund with a total estimated project cost of$594,000; and WHEREAS,pursuant to Ramsey City Council resolution 421-011 adopted January 12, 2021, the City Engineer has prepared plans and specifications for the purpose of advertising for bids for the same improvements; and WHEREAS, pursuant to Ramsey City Council resolution 421-074, adopted March 23, 2021, the City Council approved final plans and specifications as prepared by the City Engineer and authorized advertisement for bids for said improvements; and WHEREAS, seven (7) bids were received, opened, and tabulated on April 19, 2021, and the bids were found to comply with the approved plans and specifications and advertisements for bids; and WHEREAS, pursuant to Ramsey City Council Resolution 421-107, adopted April 27, 2021 the bid of North Valley, Inc. of Nowthen, Minnesota, in the amount of$421,410.74 for the construction of said improvements was accepted, and the Mayor and City Administrator were authorized and directed to enter into a contract with said bidder for the construction of said improvements for and on behalf of the City of Ramsey; and WHEREAS, as of February 22, 2022 $396,620.13 has been paid to date; and WHEREAS, the Engineer Technician IV has inspected the completed work and recommends final payment to North Valley, Inc. of Nowthen, Minnesota,for Improvement Project 421-04, 2021 Neighborhood Pavement Overlay Improvements, in the amount of$20,874.74. 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 final payment to North Valley, Inc. of Nowthen, Minnesota for Improvement Project 421-04, 2021 Neighborhood Pavement Overlay Improvements, in the amount of$20,874.74.