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HomeMy WebLinkAbout2017-815-10/2/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2017-815 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTING INC. (PCI) OF REINBECK, IOWA, IN THE AMOUNT OF $787,364.75, AND APPROVING THE CONTRACT, BONDS, AND CERTIFICATE OF INSURANCE FOR THE FY 2018 WATERLOO BOATHOUSE ENHANCEMENTS, CONTRACT 940, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Peterson Contracting Inc. (PCI) of Reinbeck, Iowa, submitted a bid in the amount of $787,364.75, and is the apparent low bidder in conjunction with the FY 2018 Waterloo Boathouse Enhancements, Contract 940, and WHEREAS, Peterson Contracting Inc. (PCI), submitted a written contract and certificate of insurance per the specifications heretofore adopted by this Council for said project with Resolution No. 2017-790, after public hearing on September 25, 2017 in conjunction with the FY 2018 Waterloo Boathouse Enhancements, Contract 940. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA Section 1. That the bid of Peterson Contracting Inc. (PCI), in the amount of$787,364.75, in conjunction with the FY 2018 Waterloo Boathouse Enhancements, Contract 940, is hereby awarded. Section 2. That the contract and certificate of insurance submitted by Peterson Contracting Inc. (PCI) in conjunction with the FY 2018 Waterloo Boathouse Enhancements, Contract 940, is hereby approved. Section 3. That the Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 2nd day of October 2017. a y,. =. Quentin Hart, Mayor .N> Kelley Felch City Clerk