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HomeMy WebLinkAbout2021-162-03.15.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2021-162 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $2,021,867.20, APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2021 COMMERCIAL STREET, KATOSKI DRIVE, AND HAWKEYE ROAD RIGHT TURN LANE RECONSTRUCTION PROGRAM, CONTRACT NO. 1024, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, Peterson Contractors, Inc. of Reinbeck, Iowa, submitted a bid in the amount of $2,021,867.20, in conjunction with the FY 2021 Commercial Street, Katoski Drive, and Hawkeye Road Right Turn Lane Reconstruction Program, Contract No. 1024, and is the apparent low bidder, and WHEREAS, Peterson Contractors, Inc., submitted a written contract, bond and certificate of insurance, per the specifications heretofore adopted by this Council for said project with Resolution No. 2021-161, after public hearing on March 15, 2021, in conjunction with the FY 2021 Commercial Street, Katoski Drive, and Hawkeye Road Right Turn Lane Reconstruction Program, Contract No. 1024. 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 $2,021,867.20, in conjunction with the FY 2021 Commercial Street, Katoski Drive, and Hawkeye Road Right Turn Lane Reconstruction Program, Contract No. 1024, is hereby awarded. 2. That the contract, bond and certificate of insurance submitted by Peterson Contractors, Inc., in conjunction with the FY 2021 Commercial Street, Katoski Drive, and Hawkeye Road Right Turn Lane Reconstruction Program, Contract No. 1024, are hereby approved. 3. That 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 15th day of March 2021. DIGITALLY SIGNED Quentin Hart, Mayor ATTEST: Ke//ee --e/ck/e Kelley Felchle City Clerk