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HomeMy WebLinkAbout2022-030-01.18.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2022-030 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY KW ELECTRIC, INC., OF CEDAR FALLS, IOWA, IN CONJUNCTION WITH THE RIDGEWAY AVENUE AND GREYHOUND INTERSECTION SIGNALIZATION IOWA DOT GRANT PROJECT NO. CS-TSF- 8155(762)--85-07, FOR A TOTAL CONTRACT AMOUNT OF $331,903.90, AND RELEASE OF RETAINAGE IN THE AMOUNT OF $9,957.12. WHEREAS, KW Electric, Inc., of Cedar Falls, Iowa, performed work in conjunction with the Ridgeway Avenue and Greyhound Intersection Signalization Iowa DOT Grant Project No. CS-TSF-8155(762)--85-07, and WHEREAS, KW Electric, Inc., has completed the aforementioned project, in accordance with the bid documents, specifications, form of contract, etc., as approved by July 13, 2020, Resolution No. 2020-513. 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 KW Electric, Inc., for a total contract amount of $331,903.90, in conjunction with the Ridgeway Avenue and Greyhound Intersection Signalization Iowa DOT Grant Project No. CS-TSF-8155(762)--85-07, are hereby approved, and release of retainage in the amount of $9,957.12. PASSED AND ADOPTED this 18th day of January 2022. Ray Feuss, Mayor Pro Tem ATTEST: Kelley Felchle, City Clerk SEAL