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HomeMy WebLinkAbout6.j. Payment #2 - Biscayne Pointe 2nd Addition Street & Utility Improvements, City Project #309 � CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: December 7, 1999 AGENDA ITEM: Payment #2, Biscayne Pointe 2"d Addition AGENDA SECTION: Street & Utility Improvements, City Project #309 Consent � P�REPARED BY: Bud Osmundson AGENDA NO: City Engineer/Public Works Director i � � � ATTACHMENTS: Payment Voucher #2 APPROVED BY: This item requests the second payment to Ryan Contracting Company in the amount of $124,380.75 for City Project #309, the Biscayne Pointe 2"d Addition Street and Utility Improvements. Work completed and represented in this payment as of November 16, 1999 is 70% of the contracted work. The work has been inspected and is in compliance with the Contract Documents. The utility work is complete and the bituminous base coarse is in place. Final punch list items are to be reviewed by Staff. 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 5124,380.75 FOR THE BISCAYNE POINTE 2"D ADDITION STREET AND UTILITY IMPROVEMENTS, CITY PROJECT #309. COUNCIL ACTION: 2 . • .=� MEMORANDUM �..�' ■ST.PAUL,h1N ❑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: November 18, 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.2 for the above-referenced project. The amount due on this application is $124,380.75, which brings the total amount to be paid to $553,652.26. This is approximately 70 percent of the bid amount of $779,575.35. The work to date includes utility installation, sub�rade preparation and curb and gutter construction. We recommend the City make payment on this Application for Payment in the amount of $124,380.75 to Ryan Contracting Co. sah Attachment � F:\projects�rs�rosem\990=1\02\c\osmundson.n 18.wpd An Affirmative Action, Equal Opponuniry Emplo�•er CITY OF ROSEMOUNT APPLICATION FOR PAYMENT NO. 2 ' . - CITY PROJECT NO: 309 SEH FILE NO: A-ROSEM9904.02 PROJECT: Biscayne Pointe-Phase II,Street and Utility Improvements CONTRACTOR: Ryan Contractin�Co. CONTRACT DATE: 870013th Avenue East APPLICATION DATE: 11/16/99 Shakopee,MN 55379 FOR PERIOD ENDING: 11/15/99 Total Contract Amount$ 779,575.35 Total Amount Earned $ 582,791.85 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 582,791.85 LESS 5%RETAINAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 29,139.59 � AMOUNT DUE TO DATE . . . . . . . . . . . . . . . . . . . . . . . . . $ 553,652.26 LESS PREVIOUS APPLICATION . . . . . . . . . . . . . . . . . . . $ 429,271.51 AMOUNT DUE THIS APPLICATION . . . . . . . . . . . . . . . $ 124,380.75 APPROVED: Bud Osmundson City Engineer/Assistant Director of Public Works