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HomeMy WebLinkAbout2024-720-12.02.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-720 A RESOLUTION APPROVING AWARD OF BID TO BAKER ENTERPRISES, INC., OF WAVERLY, IOWA, IN THE AMOUNT OF $3,388,768.90, APPROVING THE CONTRACT, BOND, AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2025 W.A.R.P. 4TH ADDITION, CONTRACT NO. 1114, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo solicited bids for the FY 2025 W.A.R.P. 4th Addition Project under Contract No. 1114; and WHEREAS, Baker Enterprises, Inc., of Waverly, Iowa, submitted a bid in the amount of $3,388,768.90, which has been reviewed and determined to be the lowest responsible bid meeting the project specifications; and WHEREAS, it is necessary to approve the contract, bond, and certificate of insurance as part of the project requirements, ensuring the contractor meets all legal and financial obligations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The bid submitted by Baker Enterprises, Inc. in the amount of $3,388,768.90 for the FY 2025 W.A.R.P. 4th Addition Project, Contract No. 1114, is hereby approved. 2. The contract, bond, and certificate of insurance provided by Baker Enterprises, Inc., are hereby approved in accordance with city requirements. 3. The Mayor and City Clerk are hereby authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 2nd day of December 2024. ATTEST: 7(elley Felchle Kelley Felchle, City Clerk SEAL co* VIP r 0 DIGITALLY SIGNED di Qaeftitz 9-14r1 Quentin Hart, Mayor