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HomeMy WebLinkAbout2026-119-03.16.2026.docDocusign Envelope ID: C54ADD03-9D18-4851-B95E-DD707E4C886E Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-119 RESOLUTION APPROVING COMPLETION OF PROJECT AND RECOMMENDATION OF ACCEPTANCE OF WORK, AND RELEASE OF RETAINAGE IN THE AMOUNT OF $65,313.25 FOR WORK PERFORMED BY MUNICIPAL PIPE TOOL CO., OF HUDSON, IOWA, IN CONJUNCTION WITH THE FY 2025 CIP PIPELINING PHASE V PROJECT, CONTRACT NO. 1118, AND RECEIVE AND FILE A TWO- YEAR MAINTENANCE BOND, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENTS. WHEREAS the City of Waterloo entered into a contract for the FY 2025 CIP Pipelining Phase V Project, Contract No. 1118; and WHEREAS, Municipal Pipe Tool Co., of Hudson, Iowa has performed the work required under the Project; and WHEREAS, the Public Works Division Manager has submitted a report indicating the Project has been completed in accordance with the contract documents, and has recommended acceptance of the work; and WHEREAS, the total contract amount for the work performed is $65,313.25. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves completion of the Project and accepts the work performed by Municipal Pipe Tool Co., of Hudson, Iowa, in conjunction with the FY 2025 CIP Pipelining Phase V Project, Contract No. 1118, in the amount of $65,313.25. 2. The two-year maintenance bond submitted for the Project is hereby received and filed with the City Clerk. PASSED AND ADOPTED this 16th day of March 2026. 5Signed by: 04. btt.SUA, Davit etioesen, Mayor ATTEST: Signed by: ►C, f& 6FF 64AB Ke1 ee y Fe1ch1e, City Clerk SEAL