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HomeMy WebLinkAboutResolution - 484 - Agreement - Talon Co - Final Payment, Steam Unit #2 Holly Ave Power Station Work - 04/24/1980RESOLUTION #484 - 4/24/80 :Dc Qq RESOLUTION Q A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT PROVIDING FOR CONDITIONS OF RELEASE OF RETAINAGE AND FINAL PAYMENT BETWEEN THE CITY OF LUBBOCK AND TALON CONSTRUCTION COMPANY. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor BE and is hereby authorized and direct to execute for and on behalf of the City of Lubbock an Agreement with Talon Construction Company, providing for conditions of release of retainage and final payment under the Contract for Mechanical Construction and Major Equipment Erection, Steam Unit No. 2, Holly Avenue Power Station, Lubbock Power and Light System, said Agreement being attached herewith which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 24th day of April , 1980. ILL MCALISTER, MAYOR ATTEST: Evelyn'-Gd'ffga, City- rcIry-Treasurer P qk yarth, Producti n Superintendent, Lub *"k P6 and Light APPROVED AS TO FORM: W. M. McKamie, Assistant City Attorney RESOLUTION #484 - 4/24/80 AGREEMENT BETWEEN THE CITY OF LUBBOCK AND TALON CONSTRUCTION COMPANY STATE OF TEXAS § COUNTY OF LUBBOCK § This Agreement entered into this 24th day of April , 1980, by and between the City of Lubbock, Texas a home -rule municipal corporation, hereinafter called "CITY", and Talon Construction Company, a business corporation organized under the laws of the State of Texas, hereinafter called "CONTRACTOR". WITNESSETH: In consideration of the mutual covenants hereinafter set forth the parties hereto do agree as follows: 1. Except as otherwise provided herein, all terms and conditions of the Contract for Mechanical Construction and Major Equipment Erection, Steam Unit No. 2, Holly Avenue Power Station, Lubbock Power and Light System between the CITY and the CONTRACTOR herein- after called the "Contract" shall remain in full force and effect and shall not be affected by this Agreement. 2. The CITY agrees to pay to the CONTRACTOR, the sum of $314,082.77 (Three hundred and fourteen thousand eighty-two and 77/100 Dollars) being the amount retained under the terms of the Contract for Mechanical Equipment Erection, Steam Unit No. 2, Holly Avenue Power Station, Lubbock Power and Light System. Such sum represents the total release of retainage and full final payment by the CITY to the CONTRACTOR under the aforementioned Contract. 3. The CONTRACTOR agrees that upon receipt from the CIof the amount specified in paragraph 2 of this Agreement, the CONT CTOR shall immediately cause to be executed and forwarded to th CITY certain cashier's checks in the amounts specified herein and made payable to the payees specified herein: Payee Amount George B. Allen & Co. $ 1,i52.80 Summers Southland Supply Co. $ 9,345.00 Bernhard Associates $ ,655.69 Peerless Pump Co. $ 755.85 General Electric $ ,681.00 General Electric $15,030.50;' City of Lubbock (to be paid upon settlement of freight charges, General Electric) $ 1,247.62 4. This Agreement does not constitute, and is not intended to constitute, an acceptance by the CITY of the work completed or services performed by the CONTRACTOR under the aforementioned Contract. IN WITNESS WHEREOF, the CITY and the CONTRACTOR have duly executed this Agreement as of the day and year first above written. CITY OF LUBBOCK, TEXAS B LL MCALIS ER, MA OR ATTEST: Evelyn Ga fga, .city S ra -Treasurer APPRO ED: r JO W dsworth, Production Su erintendent, Lubbock Power & Light APPROVED AS TO FORM: L6"' W. M. Mc amie, Assistant City Attorney ATTEST: TALON CONSTRUCTION CO. GJ'Mr J01". KING, PRESIDE TALON CONSTRUCTION COMPANY, HEAVY UTILITY CONSTRUCTION 16600 ADDISON ROAD • 0.'0. BOX SS6 • 214/233-9161 ADDISON, TEXAS 7SO01 April 7, 1980 Mr. john C. Ross City Attorney Lubbock, Texas 79457 Re: Holly Avenue Power Plant City of Lubbock, Texas Dear Mr. Ross: Thank you for taking the time to review final payment on the above project. I appreciate your willingness to consider the proposed method as described below. 1) My offer for an early settlement will allow the City to deduct from our final payment $19,833.00 - an amount sufficient to purchase the material as described on the attached list, Schedule 'A'. (I have taken the liberty of placing an order for this list of material; the prices are firm and thus can be confirmed. Copy .of Purchase Orders are enclosed - G.E. not included.) 2) There are some outstanding G.E. invoices remaining that per- tain to the turbine generator erection. There is a dispute between ourselves and G.E. regarding same. We propose that you also withhold a total amount of $15,030.00 from our final payment to be held in escrow until G.E. and Talon settle this matter. Schedule 'B' . _. 3) (Peerless Pump) You may also deduct from our finalpayment $756.00 to cover Peerless invoice No. 22273. In the event for some reason you cannot legally use the above method of settlement, we offer for your consideration the following alternate: Make final payment to Talon in full. Talon will at that time tender to the City bank cashier checks made payable *to the appropriate suppliers in the proper amounts. When the City receives material they can pass the cashier checks on to the supplier. It is our understanding that you must have this placed on the Council agenda by April 17 to be considered at the regular Council meeting of April 24. Mr. John C. Ross April 7, 1980 Page 2 We trust you will be able to decide on one of the above methods in time for the meeting on the 24th. Our willingness to settle this contract is contingent upon an early settlement. Very truly yours, TALON CONSTRUCTION COMPANY J n H. King President cc: Tippett & Gee, 502 N. Willis St. , Abilene, Texas 79603 Jay Wadsworth, Lubbock Power & Light, P. O. Box 2000, Lubbock SCHEDULE 'A' Valves, Traps, Etc. 1 Ea. G.E. #2 Oil Deflector -337D233 -Part #P-8 $ 3,681.00 1 Ea. Boiler Feed Recir Check Valve - 2 a " rig. 12C2 1500 lb. Check 894.00 6 Ea.: 3/4" Bypass Valves - D3J-D4J-DSJ-DST-14-D21J- DST4 - ($149 ea) 894.00 2 Ea. 1" Before & After Seat Drain Valve,. replacement body & plug assemblies. Conval diaphragm 15001b. (163 ea), 4 Ea. Steam Traps DST 1 -DST 14, DST 5, 3/4" 5133 Fg-CV 326.00 1500 w/7/64" Orifice Internal Check and 1500 RF Flgs ($1,038 ea.) 4,152.00 1 Ea. PVC 4 (Owner Furnished) Repair parts. %Itek Control Valve S/2 10530-19 4,676.00 1 Ea. ES 14B 3"' 3GPW-1. Stockham Globe 680..00 1 Ea. 6" 150 W -U Stockham Gate 885.00 1 Ea. AS 9 E 300W -U Stockham Gate 780.00 1 Ea. AS 2E 3" Kunkel #k300M Relief Valve 21093.00 1 Ea. PVC 3 (Owner Furnished) Repair Parts Valtek Control . -',772.00 Valve S/2 10530-19 $ 19,833.00 SCHEDULE V General Electric Invoices Invoice # 089-66426 issued to Talon for.replacement.of an overspeed governor $ 6,520.00 Invoice #511050892 issued to the City of Lubbock for rework on the generator coupling 4,255.80 Invoice #511050891 issued to the City of Lubbock for rework on the turbine rotor coupling 4.254.70 $ 15,030.50