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HomeMy WebLinkAbout2018-344-5/21/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-344 RESOLUTION APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE OF PRICE INDUSTRIAL ELECTRIC, INC., ROBINS, IOWA, FOR THE TRAFFIC ADAPTIVE SIGNALS ON HWY. 218 AND SAN MARNAN DRIVE AND FIBER OPTIC COMMUNICATIONS UPGRADE, PROJECT 4STP-A-8155(743)--86-07, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Price Industrial Electric, Inc. of Robins, Iowa, has submitted a bid in the amount of$514,756.75 in conjunction with the Traffic Adaptive Signals on Hwy. 218 and San Mannan Drive and Fiber Optic Communications Upgrade, Project#STP-A-8155(743)--86-07. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA that the bid of price Industrial Electric, Inc. in the amount of$514,756.75, is hereby awarded, and the contract, bond and certificate of insurance, in conjunction with the Traffic Adaptive Signals on Hwy. 218 and San Mannan Drive and Fiber Optic Communications Upgrade, Project #STP-A-8155(743)--86-07, described in the specifications heretofore adopted by this Council with Resolution No. 2018-317, after public hearing on May 14, 2018 on published notice required by law, are hereby approved and authorize the Mayor and City Clerk to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 21St day of May 2018. Quentin Hart, Mayor ATTEST: Kelley Felchl City Clerk