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HomeMy WebLinkAbout2021-715-11.01.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-715 RESOLUTION APPROVING A PROFESSIONAL SERVICES AGREEMENT WITH MAGELLAN ADVISORS, LLC, FOR THE DESIGN ENGINEERING AND PERMITTING OF A FIBER-OPTIC NETWORK TO THE HOME, IN THE AMOUNT OF $2,449,452, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Professional Services Agreement dated November 1, 2021, between Magellan Advisors, LLC and the City of Waterloo, in the amount of $2,449,452, to provide Design Engineering and Permitting of a Fiber -Optic network to the Home, is hereby approved, and the Mayor is authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 1st day of November 2021. Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk SEAL