Loading...
HomeMy WebLinkAbout5.C.1. Final Pay Authorization for Project PR2005-3-Res. No. 6657 5, c. I, CITY OF SHAKOPEE MEMORANDUM CONSEt~T To: City Council and Mark McNeill, City Administrator From: Jamie Polley, Director of Parks, Recreation & Natural Resources Meeting Date: September 18, 2007 Subject: Huber Park and Related Riverfront Redevelopment, Fillmore Street Extension, and Alley Improvement - Building Package, PR2005-3 Final Pay Authorization Introduction This item is to request City Council's authorization for acceptance of work and final payment to Greystone Construction Company for the Huber Park and Related Riverfront Redevelopment, Fillmore Street Extension, And Alley Improvement - Building Package, Project No. PR2005-3. Background The construction of Huber Park began in 2006 with the City issuing contracts to two general contractors, Greystone Construction Company and K.A. Witt. Greystone Construction Company was responsible for the building construction elements, which included the performance stage, restroom/support building, and entry monuments. Greystone Construction Company delivered the project on time, within budget, and with high quality workmanship. We anticipate finalizing K.A. Witt's contract at one of the October City Council meetings. The Greystone Construction Company final contract budget is as follows: Funding Original Contract: $1,037,693 5% Continaencv $ 51 .885 Total Funding $1,089,578 Final Cost Final Contract Amount $1,037,693 Chanae Orders 1-3 $ 19.965 (1.9%) Final Cost $1,057,658 By aggressively managing the contract, we were able to keep the change order costs for this portion of the contract to under 2%. In addition, our preliminary estimates for the entire project budget shows that we will be under budaet for the entire project by approximately $140,000. We will confirm this number when City Council finals out the K.A. Witt contract. Visioning Relationship F. Housekeeping . . Reauested Action If Council concurs, offer resolution No. 6657, A Resolution Accepting the work of Greystone Construction on Huber Park and Related Riverfront Redevelopment, Fillmore Street Extension, And Alley Improvement -Building Package, project PR 2005-3 and move its adoption. , RESOLUTION NO. 6657 A Resolution Accepting Work of Greystone Construction Company on Huber Park and Related Riverfront Redevelopment, Fillmore Street Extension, and Alley Improvements - Building Package, Project No. PR2005-3 Whereas, pursuant to a written contract, signed with the City of Shakopee on July 10, 2006, Greystone Construction Company has satisfactorily completed Huber Park and Related Riverfront Redevelopment, Fillmore Street Extension, and Alley Improvements -Building Package in accordance with such contract. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA that the work completed under said contract is hereby accepted and approved; and BE IT FURTHER RESOLVED, that the City Clerk and Mayor are hereby directed to issue a proper order for the final payment on such contract in the amount of $52,882.90, taking the contractor's receipt in full. Adopted in session of the City Council of the City of Shakopee, Minnesota, held this day of ,2007. Mayor of the City of Shakopee ATTEST: City Clerk