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HomeMy WebLinkAbout6.i. Payment #3, Biscayne Pointe 2nd Addition Street & Utility Improvements, City Project #309CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: January 4, 2000 AGENDA ITEM: Payment #3 - Biscayne Pointe 2 "d Addition Street & Utility Improvements, City Project #309 AGENDA SECTION: Consent PREPARED BY: Bud Osmundson Director AGENDA NO: City Engineer /Public Works ATTACHMENTS: Payment Voucher #3 APPROVED BY: This item requests the third payment to Ryan Contracting Co. in the amount of $99,523.96 for City Project #309, Biscayne Pointe 2 "d Addition Street & Utility Improvements. Work completed and represented in this payment as of December 15, 1999 is 84% of the contracted work. The work has been inspected and is in compliance with the Contract Documents. Work is completed for this season. In the spring the concrete sidewalk and final lift of bituminous on the streets will be done. Attached is a copy of the Construction Pay Voucher #3 for your information. Staff and SEH recommend approval of this second payment. RECOMMENDED ACTION: MOTION TO APPROVE PAYMENT #3 TO RYAN CONTRACTING CO. IN THE AMOUNT OF $99,523.96 FOR BISCAYNE POINTE 2 ND ADDITION SKEET AND UTILITY IMPROVEMENTS, CITY PROJECT #309. COUNCIL ACTION: N C =SEN MEMORANDUM ■ ST. PAUL, MN ❑ MINNEAPOLIS, MN ❑ ST. CLOUD, MN ❑ CHIPPEWA FALLS, WI ❑ MADISON, WI ❑ LAKE COUNTY, IN TO: Bud Osmundson City Engineer/Director of Public Works FROM: David F. Simons, P.E. DATE: December 21, 1999 RE: Rosemount, Minnesota Biscayne Pointe- Phase II Street and Utility Improvements City Project No. 309 SEH No. A- ROSEM9904.02 Attached is Application for Payment No. 3 for the above - referenced project. The amount due on this application is $99,523.96, which brings the total amount to be paid to $653,176.22. This is approximately 84 percent of the bid amount of $779,575.35. Street and utility construction on this project has ended for the season and will resume in the spring. The weather permitted the project to be substantially completed with the exception of the concrete sidewalk construction. This item along with the wear course paving will be completed in the spring. We recommend the City make payment on this Application for Payment in the amount of $99,523.96 to Ryan Contracting Co. sah Attachment F: \projects\rs\rosem \9904 \02 \c \osmundson.d20.wpd An Affirmative Action, Equal Opportunih• Emplo�•er r CITY PROJECT NO CITY OF ROSEMOUNT APPLICATION FOR PAYMENT NO. 3 309 SEH FILE NO: A- ROSEM9904.02 PROJECT: Biscayne Pointe - Phase II, Street and Uti lity Improvements CONTRACTOR: Ryan Contracting Co. CONTRACT DATE: 870013th Avenue East APPLICATION DATE: 12/20/99 Shakopee, MN 55379 FOR PERIOD ENDING: 12/15/99 Total Contract Amount $ 779,5 Total Amount Earned $ 687,553.92 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 ............................ $ 687,553.92 LESS 5% RETAINAGE ............................. $ 34,377.70 AMOUNT DUE TO DATE ......................... $ 653,176.22 LESS PREVIOUS APPLICATION ................... $ 553,652.26 AMOUNT DUE THIS APPLICATION ............... $ 99,523.96 APPROVED: Bud Osmundson City Engineer /Assistant Director of Public Works