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HomeMy WebLinkAbout2018-699-9/17/2018 Prepared Kelley Felchle City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-699 RESOLUTION AWARDING BID TO PETERSON CONTRACTORS, INC. OF REINBECK, IA, IN THE AMOUNT OF $560,497, AND APPROVING THE CONTRACT, BONDS AND CERTIFICATE OF INSURANCE FOR THE WING DIKE INSTALLATION CONTRACT NO. 966, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Peterson Contractors, Inc. of Reinbeck, IA, submitted bids for the Wing Dike Installation Project, Contract No. 966, in the amount of$560,497, and WHEREAS, Peterson Contractors, Inc. submitted a written contract, bond and certificate of insurance, per the specifications heretofore adopted by this Council for said project with Resolution No. 2018-697, after public hearing on September 17, 2018, in conjunction with the Wing Dike Installation Project, Contract No. 966. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA 1. That the bid of Peterson Contractors, Inc. in the amount of$560,497 for the Wing Dike Installation Project, Contract No. 966, is hereby awarded. 2. That the contract, bond, and certificate of insurance submitted by Peterson Contractors, Inc. are hereby approved. 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 17th day of September 2018. Quentin Hart, Mayor ATTEST: Kelley aFelc City Clerk