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HomeMy WebLinkAbout2025-164-03.17.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-164 A RESOLUTION APPROVING THE AWARD OF BID TO CEDAR VALLEY CORP., LLC, OF WATERLOO, IOWA, IN THE AMOUNT OF $4,616,849.97, APPROVING THE CONTRACT, BOND, AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2025 E./W. SAN MARNAN DRIVE RECONSTRUCTION PROJECT, CONTRACT NO. 1116, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo has solicited bids for the FY 2025 E./W. San Marnan Drive Reconstruction Project, Contract No. 1116, to enhance infrastructure services; and WHEREAS, Cedar Valley Corp., LLC, of Waterloo, Iowa, submitted a bid in the amount of $4,616,849.97, which the City Council finds to be the most responsive and responsible bid for this project in accordance with city and state procurement guidelines; and WHEREAS, the project contract, performance bond, and requisite certificate of insurance have been duly prepared and reviewed, ensuring compliance with project requirements and protection of the city's interests; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The bid submitted by Cedar Valley Corp., LLC, for the FY 2025 E./W. San Marnan Drive Reconstruction Project, in the amount of $4,616,849.97, is hereby 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. Own-6 l 9-tar-1 Quentin Hart, Mayor ATTEST: Kelley Telchle Kelley Felchle, City Clerk SEAL 0