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CR 01-040 Final Payment Mainstreet/ 17th Ave. Signal Revision . \ \ y 0 v ~ March 28, 2001 OPK\~ Council Report 2001-40 Authorize Final Payment Mainstreet /17th Ave. Sianal Revision Proiect 99-11 Proposed Action Staff recommends adoption of the following motion: Move that council adopt Resolution 2001-17, Accepting Work and Ordering Final Payment. Mainstreet /17th Avenue, S.A. P. 132-341-08, City Proiect 99-11. Overview The contractor has completed upgrading of traffic signals at the Mainstreet /17th Avenue intersection and performed punch list items to the City's satisfaction. Primary Issues to Consider . Accepting work and final payment The contractor has met all contract obligations. The work is done satisfactorily. Documents still forthcoming before a final check can be issued are a signed certificate of completion. In the meantime staff recommends approval for final payment. . Resolution 2001-17 Adoption of this resolution formally acknowledges completion of the work, orders final payment, and initiates a one-year warranty on this contract work. Supportina Information . Resolution 2001-17 .d-/ 't.J. 'lk/J Richard V. Hill Senior Engineering Technician Financial Impact: $ 90,430 Budgeted: Y Source: State Aid Related Documents (CIP, ERP, etc.): CIP - Proiect ST - 12 Notes: . . . CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2001 - 17 RESOLUTION ACCEPTING WORK AND ORDERING FINAL PAYMENT MAINSTREET I 17TH AVENUE SIGNAL REVISIONS PROJECT 99-11 WHEREAS, Council approved Project 99-11 on April 4th, 2000 and; WHEREAS, City entered into a contract with Electrical Installation & Maintenance, Co. on May 17,2000 adjusted by supplemental agreementNo. 1 on October 10,2000 and; WHEREAS, Electrical Installation & Maintenance, Co. has satisfactorily completed upgrading of traffic signals at the Mainstreetl 1 ih Avenue intersection, commonly known as City Project 99-11, in accordance with such contract, NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF HOPKINS, MINNESOTA: 1. The work completed under said contract is hereby declared accepted and approved. 2. Order for final payment on such contract is hereby ordered, taking the contractor's receipt in full. 3. A one - year warranty on contract work shall commence as of this resolution. Adopted by the City Council of Hopkins, Minnesota this 3rd day of April 2001. By Eugene J. Maxwell, Mayor ATTEST: Terry Obermaier, City Clerk