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HomeMy WebLinkAbout2025-557-10.06.2025.docDocusign Envelope ID: 7EC7OBA3-A5C5-422A-9E93-8A3E31680A25 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-557 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $280,613.50, APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2026 WINN STREET SANITARY SEWER, CONTRACT NO. 1134, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS bids were solicited for the FY 2026 Winn Street Sanitary Sewer project, Contract No. 1134; and WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, submitted the lowest responsible bid in the amount of $280,613.50; and WHEREAS, it is necessary to approve the contract, bond, and certificate of insurance for the project to proceed effectively and in compliance with city and state regulations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. That the bid submitted by Peterson Contractors, Inc. in the amount of $280,613.50 is hereby accepted and approved. 2. The contract, bond, and certificate of insurance for the FY 2026 Winn Street Sanitary Sewer, Contract No. 1134, are hereby approved. 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 6th day of October 2025. DocuSigned by: agAAjiu/t. tko D05�5D C8 .. Quentin art,4 ayor ATTEST: , Signed by: eA Ae ItLII& Ftldtt Sy r eichilce64tity Clerk SEAL q T