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HomeMy WebLinkAbout2020-366-05/26/2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-366 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY MUNICIPAL PIPE TOOL CO., LLC, OF HUDSON, IOWA, IN THE AMOUNT OF $353,940.40 AND APPROVING RELEASE OF RETAINER IN THE AMOUNT OF $17,697.02, IN CONJUNCTION WITH THE FY 2019 CIP PIPELINING PHASE IIIC, CONTRACT NO. 962, AND RECEIVE AND FILE TWO-YEAR MAINTENANCE BOND. WHEREAS, Municipal Pipe Tool Co., LLC, of, Hudson, Iowa, performed work in conjunction with the FY 2019 CIP Pipelining Phase IIIC, Contract No. 962, and WHEREAS, Municipal Pipe Tool Co., LLC has completed the aforementioned project in accordance with the project plans and specifications, at a total cost of $353,940.40. WHERAS, a retainer in the amount of $17,697.02 is being held, in conjunction with the FY 2019 CIP Pipelining Phase IIIC, Contract No. 962. 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 Municipal Pipe Tool Co., LLC, at a total cost of $353,940.40, and release of retainage, in the amount of $17,697.02, in conjunction with the FY 2019 CIP Pipelining Phase IIIC, Contract No. 962, are hereby approved, and a two-year maintenance bond is hereby received and placed on file. PASSED AND ADOPTED this 26th day of May 2020. 11,aron Lon Sharon Juon, Mayor Pro Tem ATTEST: 16//eij-P,ich/6 Kelley Felchle City Clerk