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HomeMy WebLinkAbout2016-057-1/19/2016 k Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2016-057 RESOLUTION ACCEPTING THE TAKEOVER AGREEMENT ALONG WITH THE NORTH AMERICAN SPECIALTY INSURANCE COMPANY OF ITASCA, ILLINOIS, VIA A CONTRACT BETWEEN THE CITY OF WATERLOO`, IOWA, AND PRAIRIE CONSTRUCTION CO. , FOR THE FAILURE OF PRAIRIE CONSTRUCTION CO. FOR THE COMPLETION OF THE ROOFING AND SIDING CONSTRUCTION PROJECT FOR AIRCRAFT STORAGE T- HANGAR ROW A, AT WATERLOO REGIONAL AIRPORT, AND DIRECT THE MAYOR, CITY CLERK AND THE CITY ATTORNEY TO EXECUTE SAID DOCUMENT . BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Takeover Agreement dated January 19, 2016, between the City of Waterloo, Iowa and North American Specialty Insurance Company of Itasca, Illinois, via a contract between the City of Waterloo, Iowa and Prairie Construction Co. , for the completion of tYie roofing and siding construction project for Aircraft Storage T-Hangar Row A, -at the Waterloo Regional Airport, is hereby approved and the Mayor, City Clerk, and City Attorney are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 19th day of January 2016. ifing� Quentin Hart, Mayor ATTEST: uzy S hares; CMC City C _erk J4 1 l