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HomeMy WebLinkAbout6.f. Payment #1, Biscayne Pointe 2nd Addition Street & Utility Improvements, City Project #309 CITY OF ROSEMOUNT �• EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: November 2, 1999 AGENDA ITEM: Payment #1 , Biscayne Pointe 2nd Addition AGENDA SECTION: Street & Utility Improvements, City Project #309 Consent PREPARED BY: Bud Osmundson AGENDA �t =-_� •,_._ City Engineer/Public Works Director � �'� � _ ATTACHMENTS: Payment Voucher #1 APPROVED BY: �� This item requests the first payment to Ryan Contracting Company in the amount of 5429,271 .51 for City Project #309, the Biscayne Pointe 2nd Addition Street and Utility Improvements. Work completed and represented in this payment as of October 15, 1999 is 55% of contracted work. The work has been inspected and is in compliance with the Contract Documents. This payment covers most of the utility construction. If weather cooperates, curb & gutter and street paving could be completed by mid-November. Attached is a copy of the Construction Pay Voucher #1 for your information. Staff and SEH, Inc., recommend approval of this first payment. RECOMMENDED ACTION: MOTION TO APPROVE PAYMENT #1 TO RYAN CONTRACTING COMPANY IN THE AMOUNT OF $429,271 .51 FOR THE BISCAYNE POINTE 2ND ADDITION STREET AND UTILITY IMPROVEMENTS, CITY PROJECT #309. COUNCIL ACTION: 2 . '., -- -- --r . .� � �! MEMORANDUM ■ST.PAUL,MN ❑MINNEAPOLIS, MN ❑ST.CLOUD, MN ❑CHIPPEWA FALLS,Wl ❑MADISON,WI ❑LAKE COUNTY,IN TO: Bud Osmundson City Engineer/Director of Public Works FROM: David F. Simons, P.E. DATE: October 20, 1999 RE: Rosemount, Minnesota Biscayne Pointe-Phase II Street and Utility Improvements City Project No. 309 SEH No. A-ROSEM9904.02 Attached is the first Application for Payment for the above-referenced project. The amount due on this application is $429,271.51, which is about 55 percent of the bid amount of$779,575.35. The work to date includes sanitary sewer, water main and storm sewer construction. We recommend the City make payment on this Application for Payment in the amount of $429,271.51 to Ryan Contracting Co. sah Attachment F:\projects�rs�rosem\9904\02\c\osmundson.o 19.wpd M Ajjirmative Action, Equa1 Opportuniry Emp►ayer � . * • 1 CITY OF ROSEMOUNT APPLICATION FOR PAYMENT NO. 1 CITY PROJECT NO: 309 SEH FILE NO: A-ROSEM9904.02 � PROJECT: Biscayne Pointe-Phase II,Street and Utility Improvements CONTRACTOR: Ryan Contracting Co. CONTRACT DATE: 870013th Avenue East APPLICATION DATE: 10/16/99 � Shakopee,MN 55379 FOR PERIOD ENDING: 10/15/99 Total Contract Amount$ 779,575.35 Total Amount Earned $ 451,864.75 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 451,864.75 LESS 5%RETAINAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,593.24 AMOUNT DUE TO DATE . . . . . . . . . . . . . . . . . . . . . . . . $ 429,271.51 � LESS PREVIOUS APPLICATION . . . . . . . . . . . . . . . . . . . $ 0.00 AMOUNT DUE THIS APPLICATION . . . . . . . . . . . . . . . $ 429,271.51 APPROVED: Bud Osmundson City Engineer/Assistant Director of Public Works -