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HomeMy WebLinkAbout2024-705-11.18.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-705 A RESOLUTION APPROVING AN AGREEMENT WITH MIDAMERICAN ENERGY COMPANY, OF DES MOINES, IOWA, IN THE ESTIMATED AMOUNT OF $148,640.03, IN CONJUNCTION WITH THE GAS MAIN EXTENSION TO SERVICE W.A.R.P. 4TH ADDITION, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo requires the extension of a gas main to adequately service the W.A.R.P. 4th Addition, supporting new development and ensuring efficient energy provision to the area; and WHEREAS, MidAmerican Energy Company, headquartered in Des Moines, Iowa, is a recognized utility service provider capable of completing the necessary extension works; and WHEREAS, an agreement has been proposed, outlining the scope, responsibilities, and financial considerations of the gas main extension, with an estimated total cost of $148,640.03; and WHEREAS, engaging in this agreement is in the best interest of the city to promote economic development and accommodate new projects effectively. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The agreement with MidAmerican Energy Company of Des Moines, Iowa, in the estimated amount of $148,640.03 to service the W.A.R.P. 4th Addition is hereby approved. 2. The Mayor is authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. 3. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 18th day of November 2024. ATTEST: (e1Tey Felchle DIGITALLY S�o Kelley Felchle, City Clerk SEAL a. • • 4llll {JJ ,{,J,JJ 1 v 0 • 0 Quentin Hart, Mayor