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HomeMy WebLinkAbout2010-711-08/09/2010RESOLUTION NO. 2010-711 RESOLUTION MAKING 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 AND APPROVING THE CONTRACTS, BONDS AND CERTIFICATES OF INSURANCE AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. 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 La Porte Road Intersection Improvements, Contract No. 775, described in the plans and specifications heretofore adopted by this Council in Resolution No. 2010-619 for said project, 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 9th day of August, 2010. I 4-;r69W Ernest G. Clark, Mayor ATTEST: ]A ChJX f1=0 Suzy Sch res, CMC City Clerk