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HomeMy WebLinkAbout2019-190-4/1/19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, TA 50703, 319-291-4323. RESOLUTION NO. 2019-190 RESOLUTION APPROVING AWARD OF CONTRACT TO PETERSON CONTRACTORS, INC. OF REINBECK, IOWA IN THE AMOUNT OF $8,369,859.58, AND APPROVING THE CONTRACT, BONDS, AND CERTIFICATE OF INSURANCE FOR THE FY 2019 UNIVERSITY AVENUE RECONSTRUCTION - PHASE 2, CONTRACT NO. 934, AND AUTHORIZE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Peterson Contractors, Inc. of Reinbeck, Iowa submitted a bid in the amount of $8,369,859.58, and is the apparent low bidder, in conjunction with the FY 2019 University Avenue Reconstruction - Phase 2, Contract No. 934, and WHEREAS, Peterson Contractors, Inc. submitted a written contract, per the specifications heretofore adopted by this Council for said project with Resolution No. 2019-152, after public hearing on March 18, 2019, in conjunction with the FY 2019 University Avenue Reconstruction - Phase 2, Contract No. 934. 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 $8,369,859.58, in conjunction with the FY 2019 University Avenue Reconstruction - Phase 2, Contract No. 934, is hereby awarded. 2. That the contract, bond, and certificate of insurance submitted by Peterson Contractors, Inc., in conjunction with the FY 2019 University Avenue Reconstruction - Phase 2, Contract No. 934, are hereby approved, and 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 1st day of April 2019. Quentin Hart, Mayor ATTEST: elley Fele e City Clerk