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RESOLUTION 7417 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />ACCEPTING THE 2003 STREET IMPROVEMENT PROJECT <br />AND AUTHORIZING FINAL PAYMENT <br />WHEREAS, Hardrives Inc. has requested that acceptance and final <br />payment be made by the City for the 2003 Street Improvement Project; and <br />WHEREAS, all work has been satisfactorily completed in <br />accordance with the contract plans and specifications; and <br />WHEREAS, the original contract amount as awarded was <br />$1,674,769.46; and <br />WHEREAS, Change Order No. 1 in the amount of $11,370.75 was <br />approved during the course of the project, resulting in a revised contract amount <br />of $1,686,140.21;cnd <br />WHEREAS, the actual final construction cost is $1,617,227.27 and <br />the final payment amount is $16,172.28. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Mounds View, Ramsey County, Minnesota as follows: <br />1. The 2003 Street Improvement Project is hereby accepted. <br />2. Final payment to Hardrives Inc. in the amount of $16,172.28 is hereby <br />authorized. <br />Adopted this 23rd day of February 2009. <br />Fla erty, Mayor <br />(ATTEST) <br />James Ericson, City Administrator <br />(SEAL) <br />