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HomeMy WebLinkAbout2025-356-06.16.2025.docDocusign Envelope ID: C5437E67-2B88-4253-9B6F-D49108784CF5 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-356 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY ASPRO, INC., OF WATERLOO, IOWA, IN THE AMOUNT OF $4,864,489.67, IN CONJUNCTION WITH THE FY 2024 ASPHALT OVERLAY PROGRAM, CONTRACT NO. 1099, AND RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND. WHEREAS, Aspro, Inc., of Waterloo, Iowa, has successfully completed the work outlined in Contract No. 1099, under the FY 2024 Asphalt Overlay Program, in accordance with all specified plans and contractual obligations; and WHEREAS, the project has been inspected and determined to be completed satisfactorily, meeting all the required standards and specifications as mandated by the City of Waterloo; and WHEREAS, the total project cost is $4,864,489.67; and WHEREAS, Aspro, Inc. has submitted a two-year maintenance bond as a guarantee of the workmanship and materials used in the project; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves the completion of the FY 2024 Asphalt Overlay Program as executed by Aspro, Inc., under Contract No. 1099. 2. The final cost of completion is confirmed to be $4,864,489.67, which aligns with the authorized budget and funding provisions. 3. The City Council acknowledges receipt of the two-year maintenance bonds and directs the City Clerk to file them appropriately as security for the quality and durability of the construction. PASSED AND ADOPTED this 16th day of June 2025. ,-DocuSigned by: &unlit& (kart ATTEST: 1-Signed by: —EEG 44 �D 2... Nancy Hig�by, Deputy City Clerk SEAL Quentin Hart, Mayor