Approve Resolution R2020-142, accepting work on the Reroute to Protect Historic Sites project Storm-19-003 and make final payment of $8,126.01.

Approve Resolution R2020-142.

On April 21, 2020, City Council adopted Resolution R2020-054, a resolution accepting the bids and awarding the contract for the Reroute Stormwater to Protect Historic Sites Project to Ryan Contracting Co., of Elko, Minnesota.

All of the improvements have been constructed in accordance with the contract documents. Attached is the Certificate of Completion showing the original contract amount of $788,870.76 and the actual final contract costs of $812,600.79. The remaining amount left to pay is $8,126.01, which was held as retainage.

The total final project amount is $1,251,696.48. This project is funded by the Storm Drainage Fund, Minnesota Historical Society Grant, Shakopee Mdewakanton Sioux Community, Lower Minnesota River Watershed District and Scott County. The following table provides a summary of the costs and funding amounts comparing the estimated bid award budget versus the final project costs. Note that an estimated $20,000 for Engineering/Admin/Legal work remains to be completed and is included in the final project costs amount for that line item.