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HomeMy WebLinkAbout2021-657-10.04.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-657 RESOLUTION AWARDING BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $1,335,279.40, APPROVING CONTRACT BONDS AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2022 HYPER DRIVE R.I.S.E. PROJECT NO. RM-8155(778)--9D-7, CONTRACT NO. 1051, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, submitted a bid in the amount of $1,335,279.40, in conjunction with the FY 2022 Hyper Drive R.I.S.E. Project No. RM-8155(778)--9D-7, Contract No. 1051, 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. 2021-656, after public hearing on October 4, 2021, in conjunction with the FY 2022 Hyper Drive R.I.S.E. Project No. RM-8155(778)--9D-7, Contract No. 1051. 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 $1,335,279.40, in conjunction with the FY 2022 Hyper Drive R.I.S.E. Project No. RM-8155(778)--9D-7, Contract No. 1051, is hereby awarded. 2. That the contract, bond and certificate of insurance submitted by Peterson Contractors, Inc., in conjunction with the FY 2022 Hyper Drive R.I.S.E. Project No. RM-8155(778)-- 9D-7, Contract No. 1051, 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 4th day of October 2021. DIGITALLY SIGNED Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk SEAL 1