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HomeMy WebLinkAbout2022-495-08.01.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2022-495 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA IN THE AMOUNT OF $121,562.90, APPROVING THE CONTRACT, BONDS, AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2023 MARTIN LUTHER KING JR. DRIVE/NORTHEAST INDUSTRIAL PARK WETLAND MITIGATION, CONTRACT NO. 1005, 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 $121,562.90, in conjunction with the FY 2023 Martin Luther King Jr. Drive/Northeast Industrial Park Wetland Mitigation, Contract No. 1005, and is the apparent low bidder, and WHEREAS, Peterson Contractors, Inc., submitted a written contract, bond and certificate of insurance, in conjunction with the FY 2023 Martin Luther King Jr. Drive/Northeast Industrial Park Wetland Mitigation, Contract No. 1005. 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 $121,562.90, in conjunction with the FY 2023 Martin Luther King Jr. Drive/Northeast Industrial Park Wetland Mitigation, Contract No. 1005, is hereby awarded. 2. That the contract, bond and certificate of insurance submitted by Peterson Contractors, Inc., in conjunction with the FY 2023 Martin Luther King Jr. Drive/Northeast Industrial Park Wetland Mitigation, Contract No. 1005, 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 1st day of August 2022. Qccertan. 9zr Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk SEAL