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HomeMy WebLinkAbout2026-164-04.06.2026.docDocusign Envelope ID: DF81F433-1758-467D-A9D1-6EF66C296DDB Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-164 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $7,727,051.20, APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2026 KATOSKI DRIVE AND HUNTINGTON ROAD RECONSTRUCTION, CONTRACT NO. 1123, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, bids have been received for the FY 2026 Katoski Drive and Huntington Road Reconstruction, Contract No. 1123; and WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, has submitted the lowest responsible bid in the amount of $7,727,051.20; and WHEREAS, the contract documents, including the contract, bond, and certificate of insurance, have been presented to the City Council for approval. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The bid of Peterson Contractors, Inc., of Reinbeck, Iowa, in the amount of $7,727,051.20, for the FY 2026 Katoski Drive and Huntington Road Reconstruction, Contract No. 1123, is hereby accepted and approved. 2. The contract, bond, and certificate of insurance for said project 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 6t1 day of April 2026. Signed by: Vera bot-suA, 4-39 9/B3D3421 . Davie �oesen, Mayor ATTEST: Signed by: L tyf ✓ rooBcorrBc64AB... Kelley Felchle, City Clerk SEAL i▪ PIM��������uu�� fe fed Are Ara XVi