Resolution - #94-01-011 - 01/25/1994

Home

Couneilmember Hardin introduced the following resolution and moved for its adoption: RESOLUTION #94-01-011 RESOLUTION APPROVING FINAL PAYMENT FOR S.J. LOUIS CONSTRUCTION, INC. FOR IMPROVEMENT PROJECT #92-15 WHEREAS, the City Council of the City of Ramsey approved this project on June 9, 1992; and WHEREAS, the City Council of the City of Ramsey adopted Resolution awarding the bid to S.J. Louis Construction, Inc. for the construction of Improvement Project g92-15; and WHEREAS, the Consulting Engineer, Peter Raatikka of Hakanson Anderson Associates, Inc., recommended final payment to S.J. Louis Construction, Inc. in the amount of $857.50; and WHEREAS, the retainage for the project has been deposited in an escrow account with the Zapp Bank; and WHEREAS, final completion of the project relinquishes the need for retainage to remain encumbered. 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 final payment to S.J. Louis Construction, Inc. for the construction of Improvement Project ~92-15 in the amount of $857.50. 2) That the City Council hereby authorizes the Mayor or City Administrator to sign the release form for this final payment. 3) That the total amount of this final payment is not included in the resolution approving payment of the bills for the month of January 1994. 4) That the City of Ramsey Finance Department be provided a signed copy of this resolution. 5) That a copy of this resolution serve as notice to the Zapp Bank that any escrow encumbered as a result of this project may now be released to S.J. Louis Construction, Inc. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Beyer and upon vote being taken thereon, the following voted in favor thereofi Mayor Gilbertson Councilmember Hardin Councilmember Beyer Councilmember Peterson Councilmember Zimmerman and the following voted against the same: None