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HomeMy WebLinkAbout2025-714-12.15.2025.docDocusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-714 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 $396,535.03, IN CONJUNCTION WITH THE FY 2026 AIRPORT FENCE RELOCATION PROJECT, CONTRACT NO. 1133, AND RECEIVE AND FILE A TWO-YEAR MAINTENANCE BOND. WHEREAS Peterson Contractors, Inc., of Reinbeck, Iowa, has completed work on the FY 2026 Airport Fence Relocation Project, Contract No. 1133, for a total cost of $396,535.03; and WHEREAS, City staff and project engineers have inspected and reviewed the completed work and recommend formal acceptance; and WHEREAS, a two-year maintenance bond has been received and examined, covering the work done under this contract. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves and accepts the completion of the Airport Fence Relocation Project as executed by Peterson Contractors, Inc. 2. The work performed is officially accepted, and the total payment of $396,535.03 is acknowledged as complete. 3. The City Council receives and files a two-year maintenance bond from Peterson Contractors, Inc., ensuring the quality and durability of the completed work. PASSED AND ADOPTED this 15th day of December 2025. ATTEST: Signed by: Kelley fdd& `—FF60BCOFFB 64A6... Kelley Felchle, City Clerk SEAL IN r LP t bf G DocuSigned by: Aiav? D0525D78AAC8449... Quentin Hart, Mayor