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HomeMy WebLinkAboutWaterloo Water Works- FY25 WARP 4th Addition, Cont. No. 1114 - 12.16.24CITY OF WATERLOO F.Y. 2025 W.A.R.P. 4th Addition CONTRACT No. 1114 AGREEMENT NOW on this 16th day of December 2024, the Waterloo Water Works and the City of Waterloo, Iowa, enter into this Agreement for and in consideration of the mutual covenants and promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. I. RECITALS WHEREAS, the Warp Drive construction and water main replacements and extensions are to be constructed in the same corridors (Refer to E. AREA COVERED) in which the parties have some interest, are proposed to be constructed in calendar year 2025; and WHEREAS, the parties presently have varying degrees of responsibilities for the construction of work in the F.Y. 2025 W.A.R.P. 4th Addition — Contract No. 1114, and the construction and extension of the existing water main in the segment of Warp Drive and Hyper Drive listed below in E. AREA COVERED; and WHEREAS, the parties believe that the payments to be made to the contractor would best be handled by the City of Waterloo. NOW, THEREFORE, the parties agree as follows: II. TERMS OF AGREEMENT A. PURPOSE. Refer to Recitals. B. JURISDICTION. The jurisdiction for responsibility for design, inspection and funding shall be: Division I — City of Waterloo Division II — Waterloo Water Works C. FINANCING. The Waterloo Water Works and the City of Waterloo shall share the costs for the Project according to the following: 1. The Waterloo Water Works shall pay for the entire cost of reconstruction or extension of the water mains along the proposed corridors. (Division II) Page 1 of 4 2. The City of Waterloo shall pay for the entire cost of construction of Warp Drive and Hyper Drive along the proposed corridor. (Division I) 3. The City of Waterloo shall be responsible for administering the payments to the contractor, to bill the Waterloo Water Works and the Waterloo Water Works shall make payment within fifteen (15) days of said billing. 4. Financing for this Project shall be the responsibility of each of the parties hereto as reflected in this Agreement. D. ADMINISTRATION OF AGREEMENT. City of Waterloo Engineering shall prepare plans, specifications, estimate of quantities, estimate of cost, etc. and include them in the contract as Division II. A licensed professional engineer in the state of Iowa, shall sign the Division II Plans and Specifications. The City of Waterloo shall follow the current City bidding procedures for the project and administer the letting phase of this project. The construction phase of this project shall be administered with City of Waterloo for Division I and Waterloo Water Works for Division II. The Waterloo Water Works shall be notified of all meetings involving said Project and shall have the right of review and acceptance for each of the following phases for Division II: 1. Bid Award Approval; 2. Final Construction Approval. E. AREA COVERED. The area covered by this Agreement shall be: a. Warp Drive — from the easterly dead end cul-de-sac to approximately 3,242 feet southeast. b. Hyper Drive — from the current easterly dead end cul-de-sac to approximately 1,024 feet east to the connection with new extension of Warp Drive. F. DURATION. This Agreement shall be in effect until completion of the construction or termination by written agreement of all parties. DATED this 16th day of December 2024. Page 2 of 4 CITY OF WATERLOO, IOWA By: DA-U2AL-7A-e-CA4 Quentin Hart, Mayor City of Waterloo ATTEST: Kelley Feld , City Clerk STATE OF IOWA, BLACK HAWK COUNTY, ss: On this I VI day of e , 2024, before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Quentin Hart and Kelley Felchle, to me personally known, and who, being by me duly sworn, did say that they are the Mayor and City Clerk, respectively, of the City of Waterloo, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation by authority of its City Council as contained in the Resolution adopted by the City Council, under Council Action No. `7 toD of the City Council on the to day of 1 ece be- , 2024, and that Quentin Hart and Kelley Felchle acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the corporation, by it voluntarily executed. Ar the State of Iowa BRITNI C PERKINS COMMISSION NO. 845529 MY COMMISSION EXPIRES JANUARY 27, 2026 Page 4 of 4 Waterloo Water Works By: ATTES Chad Coon, General Manager Mary Potter, Chair Board of Trustees Waterloo Water Works STATE OF IOWA, BLACK HAWK COUNTY, ss: On this /17h day of fie.04,41104,— , 2024, before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Mary Potter and Chad Coon, to me personally known, and who, being by me duly sworn, did say that they are the Board of Trustees Chair and the General Manager, respectively, of the Waterloo Water Works; and that the instrument was signed and sealed on behalf of the utility by authority of its Board of Trustees as contained in the Resolution adopted by the Board of Trustees, on the /871' day of .eeo , 2024 and that Mary Potter and Chad Coon acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the utility, by it voluntarily executed. a /4 ary Public in and f the State of Iowa CASSANDRA DUFEL COMMISSION NO. 843520 MY COMMISSION EXPIRES NOVEMBER 01, 2025 Page 3 of 4