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HomeMy WebLinkAbout2020-195-03/23/2020 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-195 RESOLUTION APPROVING COMPLETION OF PROJECT AND ACCEPTANCE OF WORK FOR WORK PERFORMED BY PRICE ELECTRIC OF ROBINS, IOWA, AND RELEASE OF RETAINAGE IN CONJUNCTION WITH THE ADAPTIVE TRAFFIC SIGNALS AND FIBER OPTIC COMMUNICATIONS PROJECT, SAN MARNAN DRIVE, US 218, W. 5TH STREET, AND KIMBALL AVENUE, DOT GRANT PROJECT NUMBER STP-A-8155(743)-86-07, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENTS. WHEREAS, Price Electric of Robins, Iowa, performed work in conjunction with the Adaptive Traffic Signals and Fiber Optic Communications project, San Mannan Drive, US 218, W. 5th Street, and Kimball Avenue, DOT Grant Project Number STP-A-8155(74386-07, and WHEREAS, Price Electric has completed the aforementioned project in accordance with the project plans and specifications, at a total cost of$630,145.01 and retainage in the amount of $18,904.35. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Certificate of Completion and Recommendation of Acceptance of Work for work performed by Price Electric, at a total cost of $630,145.01 and release of retainage in the amount of $18,904.35, in conjunction with the Adaptive Traffic Signals and Fiber Optic Communications project, San Marrian Drive, US 218, W. 5th Street, and Kimball Avenue, DOT Grant Project Number STP-A-8155(743)-86-07, are hereby approved. PASSED AND ADOPTED this 23`d day of March 2020. Quentin Hart, Mayor ATTEST: i I b( Itir- Kelley Felchl City Clerk