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HomeMy WebLinkAbout2010-681-08/02/2010RESOLUTION NO. 2010-681 RESOLUTION APPROVING RECOMMENDATION OF AWARD OF CONTRACT TO PETERSON CONTRACTORS, INC. OF REINBECK, IOWA, FOR THE F.Y. 2011 RIDGEWAY AVENUE AND LA PORTE ROAD INTERSECTION IMPROVEMENTS, CONTRACT NO. 775, IN THE AMOUNT OF $365,728.50. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA: That the bid of Peterson Contractors, Inc. of Reinbeck, Iowa, in the amount of $365,728.50, for the F.Y. 2011 Ridgeway Avenue and LaPorte Road Intersection Improvements, Contract No. 775, described in the plans and specifications heretofore adopted by this Council for said project in Resolution 2010-619, after public hearing on July 19, 2010 on published notice required by law, be and is hereby accepted, the same being the lowest bid received for said work. The Mayor and City Clerk are hereby directed to execute contract with the said contractor for the construction of said improvements, said contract not to be binding on the City until approved by this Council. PASSED AND ADOPTED this 2nd day Of August, 2010. E nest G. Clark, Mayor ATTEST: uzy Sc ares, CMC City Cl rk