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97-077 . . . CITY OF SHOREWOOD RESOLUTION NO. 97- 77 A RESOLUTION ACCEPTING MINNEWASHTA ELEVATED STORAGE TANK, PART OF PROJECT NO. 96-2, AND AUTHORIZING FINAL PAYMENT WHEREAS, the City of Shorewood has entered into a contract with Chicago Bridge & Iron ("CBI") for part of City Project No. 96-2, Minnewashta Elevated Storage Tank, and; WHEREAS, the Contractor has petitioned for final acceptance of the project and final payment based on work performed to date; and; WHEREAS, the Project Manager has made a final inspection of the project and recommends acceptance and final payment be made by the City. NOW, THEREFORE BE IT RESOLVED that: The City hereby does accept the work completed pursuant to said contract and authorizes final payment to the Contractor, and the one year guarantee shall commence as of the date of this resolution, subject to the following items: I . The Contractor furnish the City a one year maintenance bond pursuant to the contract. 2 . The Contractor must make satisfactory showing that he has complied with the provisions of Minnesota Statutes 290.92 requiring withholding of State Income Tax. 3 . Evidence in the form of an affidavit that all claims against the Contractor by reasons of the Contract have been fully paid or satisfactorily secured. ADOPTED by the City Council of the City of Shorewood this 22nd day of September, 1997. ~~ Kristi Stover, Acting Mayor ATTEST: