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HomeMy WebLinkAbout2021-182-02.15.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2021-182 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, AT A TOTAL COST OF $356,571.89, AND RELEASE OF RETAINAGE IN THE AMOUNT OF $17,828.59, IN CONJUNCTION WITH THE FY 2019 WING DIKE CITY PROJECT NO. 966, AND RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND. WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, performed work in conjunction with FY 2019 Wing Dike City Project No. 966, and WHEREAS, Peterson Contractors, Inc., has completed the aforementioned project, in accordance with the bid documents, specifications, form of contract, etc., as approved by Council September 17, 2018, Resolution No. 2018-697, at a total cost of $356,571.89 and retainage in the amount of $17,828.59. 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 Peterson Contractors, Inc., at a total cost of $356,571.89, in conjunction with the FY 2019 Wing Dike City Project No. 966, and release of retainage in the amount of $17,828.59, are hereby approved. PASSED AND ADOPTED this 5th day of April 2021. Q' 'r'%ice r I c,r-I- DIGITALLY SIGNED Quentin Hart, Mayor ATTEST: Kale, ---e1chte Kelley Felchle City Clerk