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HomeMy WebLinkAbout2025-357-06.16.2025.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. 2025-357 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK FOR WORK PERFORMED BY PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $9,218,901.99, IN CONJUNCTION WITH THE FY 2021 SHAULIS ROAD RECONSTRUCTION - HESS ROAD TO HWY. 218 PROJECT, CONTRACT NO. 1020, AND RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND. WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, has completed the work specified under Contract No. 1020, in conjunction with the FY 2021 Shaulis Road Reconstruction - Hess Road to Hwy. 218 Project; and WHEREAS, the project was completed in accordance with the contract specifications, plans, and approved amendments, thereby meeting the requirements set forth by the City of Waterloo; and WHEREAS, the total cost of the project amounts to $9,218,901.99; and WHEREAS, a two-year maintenance bond has been submitted as a guarantee for the completed work, ensuring quality and durability over time; 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 Shaulis Road Reconstruction - Hess Road to Hwy. 218 Project as executed by Peterson Contractors, Inc., under Contract No. 1020. 2. 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: ATTEST: ,-Signed by: \` EECOA4420CDF4F2... Nancy Higby, Deputy City Clerk SEAL atAAlit& fka,r D025 8AAC 44Y... Quentin -Tart, Mayor