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HomeMy WebLinkAboutDaktronics, Inc.-3/10/2014CITY OF WATERLOO Council Communication City Council Meeting: March 10, 2014 Prepared: March 4, 2014 Dept. Head Signature: # of Attachments: SUBJECT: YOUNG ARENA VIDEO/AUDIO UPGRADES Submitted by: Chris Dolan, Young Arena Manager Recommended City Council Action: To request the City Council for acceptance and approval of the final contract amount of Seven Hundred Six Thousand, Two Hundred Thirty Six Dollars and 44 Cents ($706,236.44) for work completed by DAKTRONICS, Inc., of Brookings, South Dakota for the YOUNG ARENA VIDEO/AUDIO UPGRADES project. Summary Statement: Original Contract: $715,000.00 Change Order #1 -8,763.56 Total $706,236.44 Expenditure Required: NA Approved March 3, 2014 Source of Funds: This project is funded through a combination of BHCGA gaming grant funds, Waterloo Black Hawks contributions, and City CIP bond money. Policy Issue: Alternative: Background Information.: