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HomeMy WebLinkAbout2025-391-07.07.2025.docDocusign Envelope ID: C428A5A3-FA27-4082-BF54-F21CC8397570 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-391 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC. OF REINBECK, IOWA IN THE AMOUNT OF $317,080.00, APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2026 AIRPORT FENCE RELOCATION PROJECT, CONTRACT NO. 1133, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo has solicited bids for the FY 2026 Airport Fence Relocation Project, Contract No. 1133, intended to enhance security and improve operational safety at the Waterloo Regional Airport; and WHEREAS, Peterson Contractors, Inc. of Reinbeck, Iowa, submitted the lowest responsive and responsible bid in the amount of $317,080.00, demonstrating the capability to fulfill the project requirements consistent with the standards set forth by the City; and WHEREAS, it is essential to approve the accompanying contract, bond, and certificate of insurance to formalize the engagement of Peterson Contractors, Inc. and ensure the City is adequately safeguarded against any associated risks. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The bid from Peterson Contractors, Inc. of Reinbeck, Iowa, in the amount of $317,080.00 is hereby approved for the FY 2026 Airport Fence Relocation Project. 2. The contract, bond, and certificate of insurance associated with Contract No. 1133 are approved, ensuring legal and financial safeguards are in place. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 71h day of July 2025. 1—DocuSigned by: ATTEST: ` —rpocuSignedby: GG'' FGe� FeU& Keey`b etc ileCity Clerk SEAL Quentin Hart, Mayor