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HomeMy WebLinkAbout2024-153-03.18.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-153 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $631,152.55, APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2024 KINGSLEY AVENUE RECONSTRUCTION PROJECT, CONTRACT NO. 1100, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, submitted a bid in conjunction with the FY 2024 Kingsley Avenue Reconstruction Project, Contract No. 1100, in the amount of $4,576.538.79, and is the apparent low bidder, and WHEREAS, Peterson Contractors, Inc., submitted a written contract, bond, and certificate of insurance, per city specifications, approved by resolution No. 2024-088 on February 19, 2024, in conjunction with the FY 2024 Kingsley Avenue Reconstruction Project, Contract No. 1100. 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 $4,576.538.79, in conjunction with the FY 2024 Kingsley Avenue Reconstruction Project, Contract No. 1100, is hereby accepted and awarded to Peterson Contractors, Inc. 2. That the contract, bond, and certificate of insurance submitted by Peterson Contractors, Inc., in conjunction with the FY 2024 Kingsley Avenue Reconstruction Project, Contract No. 1100, are hereby approved, and 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 18th day of March 2024. ATTEST: K,elley FeCcfile Kelley Felchle, City Clerk SEAL • ill IN ILII110111111 0 62ueruz r-( Quentin Hart, Mayor