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HomeMy WebLinkAbout6.e. Payment #2 - Rosemount Business Park Phase 2 Street & Utility Improvements City Project #308CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: September 5, 2000 AGENDA ITEM: Payment #2 — Rosemount Business Park Phase 2 Street & Utility Improvements, City Project #308 AGENDA SECTION: Consent PREPARED BY: Cindy Dorniden, Public Works Secretary AGEND ffm*6 E ATTACHMENTS: Payment Voucher #2 APPROVED BY: mll This item request the second payment to Ryan Contracting Company, in the amount of $334,313.29 for City Project #308, the Rosemount Business Park Phase 2 Street & Utility Improvements. Work completed and represented in this payment as of August 23 2000 is 31 % of the contracted work. The work has been inspected and is in compliance with the Contract Documents. The work completed to -date includes grading and utility work. Attached is a copy of the Construction Pay Voucher #2 for your information. Staff and SEH, Inc., recommend approval of this second payment. RECOMMENDED ACTION: MOTION TO APPROVE PAYMENT #2 TO RYAN CONTRACTING COMPANY, IN THE AMOUNT OF $334,313.29 FOR THE ROSEMOUNT BUSINESS PARK PHASE 2 STREET AND UTILITY RECONSTRUCTION IMPROVEMENTS, CITY PROJECT #308. COUNCIL ACTION: 1 r� a AdEW 3535 Vadnais Center Drive, 200 SEH Cernar S, Paul, MN 55110 -5108 651.490.2000 651.490.2150 FAX architecture engineering environmental transportation TO: Rich Lonnquist City of Rosemount FROM: David F. Simons, P.E. DATE: August 23, 2000 RE: Rosemount, Minnesota Rosemount Business Park Phase 2 Street and Utility Improvements City Project No. 308 SEH No. A- ROSEM9905.02 Attached is Application for Payment No. 2 for the above— referenced project. The amount due on this application is $334,313.29 which is approximately 31 percent of the bid amount of $1,077,986.85. The work completed to date includes grading and utility work. We recommend the City make payment on this Application for Payment in the amount of $334,313.29 to Ryan Contracting Co. sah Attachment f. \wp\projects\rs\rosem \0003 \02\c\lonnquist822.doc Short Elliott Hendrickson Inca • Offices located throughout the U. -ar Midwest • We help fou plan, daign, and :ire. Equal Opportunity Employer CITY OF ROSEMOUNT APPLICATION FOR PAYMENT NO. _2 CITY PROJECT NO: 308 SEH FILE NO: A- ROSEM9905.02 PROJECT: Rosemount Business Park Phase 2 CONTRACTOR: Ryan Contracting Co. CONTRACT DATE: 870013th Avenue East APPLICATION DATE: 8/22/00 Shakopee, MN 55379 FOR PERIOD ENDING: 7/15/00 Total Contract Amount $ 1,077,986.85 Total Amount Earned $ 450,471.23 Material Suitably Stored on Site, Not Incorporated into Work Contract Change Order No. Percent Complete Contract Change Order No. Percent Complete $ Contract Change Order No. Percent Complete $ GROSS AMOUNT DUE ............................ $ 450,471.23 LESS 5 % RETAINAGE ......... ......... ...... $ 22,523.56 AMOUNT DUE TO DATE ........................ $ 427,947.67 LESS PREVIOUS APPLICATION ................. $ 93,634.38 AMOUNT DUE THIS APPLICATION ............... $ 334,313.29