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HomeMy WebLinkAbout2025-166-03.17.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-166 A RESOLUTION APPROVING AWARD OF BID TO ASPRO, INC., OF WATERLOO, IOWA, IN THE AMOUNT OF $1,412,835.16, APPROVING THE CONTRACT, BOND, AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2025 ASPHALT RECONSTRUCTION PROJECT, CONTRACT NO. 1117, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo solicited competitive bids for the FY 2025 Asphalt Reconstruction Project, Contract No. 1117, to enhance road infrastructure in designated areas; and WHEREAS, Aspro, Inc., of Waterloo, Iowa, submitted the most responsive bid in the amount of $1,412,835.16, meeting the city's requirements for cost-effectiveness and technical compliance; and WHEREAS, the project contract, performance bond, and certificate of insurance have been duly reviewed for adequacy and accordance with project specifications, ensuring they afford the necessary protections and assurances for project execution; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The bid submitted by Aspro, Inc. in the amount of $1,412,835.16 for the FY 2025 Asphalt Reconstruction Project, Contract No. 1117, is approved. 2. The contract, performance bond, and certificate of insurance related to this project are hereby approved as to form and substance. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. 4. This resolution shall become effective immediately upon its approval and adoption by the City Council. PASSED AND ADOPTED this 17th day of March 2025. Querzuz 9 Cr Quentin Hart, Mayor ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL 0