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HomeMy WebLinkAbout2025-036-01.21.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-036 A RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY VIETH CONSTRUCTION CORPORATION, OF CEDAR FALLS, IOWA, IN THE AMOUNT OF $67,927.76, IN CONJUNCTION WITH THE FY 2024 CROSSROADS BOULEVARD. MEDIAN IMPROVEMENT, CONTRACT NO. 1089, AND RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND. WHEREAS, the City of Waterloo entered into a contract with Vieth Construction Corporation of Cedar Falls, Iowa, for the purposes of implementing the Crossroads Boulevard. Median Improvement as part of the FY 2024 capital improvements; and WHEREAS, Vieth Construction Corporation has completed the work in accordance with the approved plans and specifications for Contract No. 1089; and WHEREAS, the total payment to be made to Vieth Construction Corporation for the completion of said work amounts to $67,927.76; and WHEREAS, a two-year maintenance bond has been received to ensure the quality and durability of the work performed under the contract. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The completion of the FY 2024 Crossroads Boulevard. Median Improvement, Contract No. 1089, is hereby approved in the amount of $67,927.76. 2. The work performed by Vieth Construction Corporation, of Cedar Falls, Iowa, is accepted. 3. The Finance Department is hereby authorized and directed to issue payment in the total amount of $67,927.76 to Vieth Construction Corporation, upon completion of the final inspection and verification that all contractual obligations are met. 4. The two-year maintenance bond provided by Vieth Construction Corporation is received and filed, to commence upon the date of this resolution's passing, ensuring coverage of any defects in materials or workmanship. PASSED AND ADOPTED this 21st day of January 2025. ATTEST: Nancy Higby, Deputy City Clerk SEAL 0* W4)1 Ie.(4 55 Ray Feuss, Mayor Pro Tem