Laserfiche WebLink
U�b S <br />H+--Jf 7F <br />REQUEST FOR COUNCIL ACTION <br />Date: 1/13/14 <br />Item No.: 7.d <br />Department Approval City Manager Approval <br />Item Description: Adopt a Resolution to Accept the Work Completed, Authorize Final <br />Payment and commence the One -Year Warranty Period on the Twin <br />Lakes Infrastructure Improvements- Walmart Project <br />BACKGROUND <br />On April 22, 2013, the City Council awarded the Twin Lakes Infrastructure Improvements - <br />Walmart Project to New Look Contracting Inc. of Elk River, Minnesota in the amount of <br />$582,639.16. Work completed under the contract totaled $563,194.99. New Look Contracting <br />successfully completed the work on the project in November of 2013 with final concrete work <br />and landscaping. <br />7 The Twin Lakes Infrastructure Improvements - Walmart Project consisted of the construction of <br />s the following improvements: <br />9 • Right turn lane on County Road C into the Wal -Mart Parcel; <br />10 • Eastbound left turn lane and median improvements into the Wal -Mart Parcel and <br />11 westbound left turn lane on County Road C to southbound Cleveland Avenue; <br />12 • Right turn lane on Twin Lakes Parkway into the Wal -Mart Parcel; <br />13 • Right turn lane from westbound County Road C to northbound Cleveland; and <br />14 • Twin Lakes Parkway Roundabout Improvements. <br />15 POLICY OBJECTIVE <br />16 City policy requires that the following items be completed to finalize a construction contract: <br />7 • Certification from the City Engineer verifying that all of the work has been completed in <br />accordance with plans and specifications. <br />• A resolution by the City Council accepting the contract and beginning the one -year warranty. <br />20 FINANCIAL IMPACTS <br />21 The final contract amount, $563,194.99 is $19,444.17 less than the awarded amount of <br />22 $582,639.16. This represents a decrease in the contract of 3.3 %. The cost decrease is the result <br />23 of less concrete pavement necessary to complete the project than estimated. This project was <br />24 financed using escrow provided through the development agreement for the Walmart project. <br />/-v STAFF RECOMMENDATION <br />26 The work that was completed is in accordance with project plans and specifications, staff <br />27 recommends the City Council approve a resolution accepting the work completed as the Twin <br />23 Lakes Infrastructure Improvements- Walmart Project, authorizing final payment, and starting the <br />one -year warranty period. <br />Page 1 of 2 <br />