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HomeMy WebLinkAbout2020-435-06.15.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-435 RESOLUTION APPROVING COMPLETION OF PROJECT AND ACCEPTANCE OF WORK FOR WORK PERFORMED BY LODGE CONSTRUCTION, INC., OF CLARKSVILLE, IOWA, IN THE AMOUNT OF $596,137.65 AND RELEASE OF RETAINAGE IN THE AMOUNT OF $26,540.07, IN CONJUNCTION WITH THE 2018 REMEDIAL ACTIONS PHASE IIIB PROJECT, CONTRACT NO. 949, RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND, AND RESCINDING RESOLUTION NO. 2020-382. WHEREAS, Lodge Construction, Inc., of Clarksville, Iowa, performed work in conjunction with the 2018 Remedial Actions Phase IIIB Project, Contract No. 949, and WHEREAS, Lodge Construction, Inc. has completed the aforementioned project in accordance with the project plans and specifications, at a total cost of $596,137.65. WHEREAS, retainage, in the amount of $26,540.07, is being held in conjunction with the 2018 Remedial Actions Phase IIIB Project, Contract No. 949. 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 Lodge Construction, Inc., at a total cost of $596,137.65, and release of retainage, in the amount of $26,540.07, in conjunction with the 2018 Remedial Actions Phase IIIB Project, Contract No. 949, are hereby approved, and a two-year maintenance bond is hereby received and placed on file. BE IT FURTHER RESOLVED, that Resolution. 2020-382 is hereby rescinded in its entirety. PASSED AND ADOPTED this 15th day of June 2020. Quentin. Hart Quentin Hart, Mayor ATTEST: Kelley �e/c/ile Kelley Felchle City Clerk