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HomeMy WebLinkAbout6.j. Payment #1, Shannon Pond East 1st Addition Street & Utility Improvements, City Project #283CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: August 19, 1997 AGENDA ITEM: Payment #1, Shannon Pond East 1st AGENDA SECTION: Addition Street & Utility Improvements, City 'Project #283 Consent PREPARED BY: Bud Osmundson City Engineer/Public Works a"— AGEND fM fi *6 Director ATTACHMENTS: Payment Voucher #1 APPROVED BY: This item requests the first payment to 'Ryan Contracting, Inc. in the amount of $100,820.60 for City Project #283, the Shannon Pond East 1st Addition Street & Utility Improvements. Work completed and represented in this amount as of July 31, 1997 is 42% of contracted work. This work has been inspected and is in compliance with Contract Documents. Utility work on the project is complete. Streets, bituminous trail and miscellaneous items remain to be completed. Attached is a copy of the Construction 'Pay Voucher #1 for your information. Staff recommends approval of the first payment. RECOMMENDED ACTION: MOTION TO APPROVE PAYMENT #1 TO RYAN CONTRACTING, INC. IN THE AMOUNT OF $100,820.60. COUNCIL ACTION: 2 CONSTRUCTION PAY VOUCHER ESTIMATE VOUCHER NUMBER: 1 DATE August 7, 1997 WSB PROJECT NUMBER: 1072.01 PERIOD ENDING: July 31, 1997'" PROJECT: SHANNON POND EAST 1ST ADDITION STREET & UTILITY CONSTRUCTION AND APPURTENANT WORK CITY PROJECT NO. 283 CONTRACTOR: RYAN CONTRACTING, INC. 8700 13TH AVE EAST SHAKOPEE, MN 55379 CONTRACT DATE: JULY 16, 1997 WORK STARTED: JULY 24, 1997 COMPLETION DATE: SEPTEMBER 15, 1997 WORK COMPLETED: ORIGINAL CONTRACT AMOUNT $251,951.25 TOTAL ADDITIONS $0.00 TOTAL DEDUCTIONS $0.00 TOTAL FUNDS ENCUMBERED $251,951.25 TOTAL WORK CERTIFIED TO DATE $106,126.95 LESS RETAINED PERCENTAGE 5.00% $5,306.35 LESS PREVIOUS PAYMENTS $0.00 TOTAL PAYMENTS INCL. THIS VOUCHER $100,820.60 BALANCE CARRIED FORWARD $151,130.65 APPROVED FOR PAYMENT THIS VOUCHER 5100.820.60 APPROVALS WSB & ASSOCIATES, INC. In accordance with field observation, as performed in accordance with industry standards, and based on our professional opinion, the materials installed are satisfactory and the work properly performed in accordance with the plans and specifications. a total work is estimated to be 42% completed as of July 31, 1997. We hereby recommend payment of this voucher. 1 Signed: Signed: - — -- -- Construction Observer Project Manager/Engineer RYAN CONTRACTING, INC. This is to certify that to the best of my knowledge, information, and belief, the quantities and values of work certified herein is a fair approximate estimate for the period covered by this voucher. Contractor: Signed: Date: Title: CITY OF ROSEMOUNT Checked by: Date: - - — - - - - --- -- --- Approved for payment: -- - bolo—vo— A---- Authorized Representative Date: --- -C�-i -'r-7- --- -- -