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HomeMy WebLinkAbout2024-658-11.04.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-658 A RESOLUTION APPROVING A PROFESSIONAL SERVICES AGREEMENT WITH AECOM TECHNICAL SERVICES, INC., IN AN AMOUNT NOT TO EXCEED $667,900.00, TO COMPLETE ENGINEERING AND SURVEY WORK RELATED TO THE UNIVERSITY AVENUE AREA TIF DISTRICT PROJECTS, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo is undertaking projects within the University Avenue Area Tax Increment Financing (TIF) District to enhance infrastructure and promote economic development; and WHEREAS, there is a need for professional engineering and survey services to support the planning and implementation of these projects to ensure they meet the desired specifications and objectives; and WHEREAS, AECOM Technical Services, Inc., possesses the requisite expertise and experience to provide comprehensive engineering and survey services, facilitating the successful advancement of the University's Avenue Area TIF District efforts; and WHEREAS, the proposed Professional Services Agreement outlines a scope of work at a cost not to exceed $667,900.00, which is deemed to be a reasonable and necessary investment for the services provided. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The Professional Services Agreement with AECOM Technical Services, Inc. for engineering and survey work related to the University Avenue Area TIF District projects is hereby approved, subject to the terms outlined in said Agreement. 2. AECOM will deliver the specified engineering and survey services as stipulated, contributing to the defined projects within the budget cap of $667,900.00. 3. The Mayor is authorized and directed to execute the Professional Services Agreement, on behalf of the City of Waterloo, Iowa. 4. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 4th day of November 2024. ATTEST: %� y 9-(yty Nancy Higby, Deputy City SEAL 0* W4)1 Ray Feuss, Mayor Pro Tem