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RESOLUTION 9245 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />APPROVING FINAL PAYMENT TO RAK CONSTRUCTION FOR THE SPLASH PAD <br />INSTALLATION <br />WHEREAS, The City Council approved Resolution 8966 in May of 2018, authorizing <br />RAK Construction the installation of the Splash Pad; and <br />WHEREAS, RAK Construction provided the following services; assisting Public Works <br />Staff as General Contractor, and overseeing the Electrician and Plumber for a proposed cost <br />of $90,991.00; and <br />WHEREAS, during the project, changes and modifications were required. Staff <br />approved the majority of these changes, but in the interest of timing and progress there were <br />a few modifications that were not; and <br />WHEREAS, at the end of the project Staff received an invoice from RAK for an <br />additional $22,536.39; and <br />WHEREAS, after several meetings and working with RAK Construction, Staff was able <br />to lower the invoice amount to $14,500.00; and <br />WHEREAS, The City owes RAK Construction the retainage of $4,549.55. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br />View, Ramsey County, Minnesota as follows: <br />1. All work completed under the contract between the City and RAK Construction for the <br />Installation of the Splash Pad Equipment is hereby accepted and approved. <br />2. The City Council approves a budget adjustment for the 2020 budget in the Park Dedication <br />Fund, 480-4470-7050, of $19,049.55. <br />3. The Finance Director is authorized to issue final payment of $19,049.55 to RAK <br />Construction Inc. of East Bethel MN. <br />Adopted this 24th day of February, 2020 <br />Carol A. Mueller, Ma or <br />ATTEST: <br />Nyle/2ikmL r d, City Administrator <br />(Z-3 E A L) <br />The I mwds.View Visit)jj <br />`'lac 1�lOet€?ais �',Y�i� �'�savn <br />