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HomeMy WebLinkAboutRESOLUTION 2010-96 RESOLUTION NO. 2010-96 RESOLUTION APPROVING AGREEMENT WITH WATERLOO WATER WORKS AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Agreement dated February 15, 2010, in which the Waterloo Water Works shall pay for the entire cost of construction of the water main in the proposed corridor (Division II) and the City of Waterloo shall be responsible for the entire cost of construction of the Amphitheater Project in the proposed corridor (Division I) , in conjunction with the F.Y. 2010 River Renaissance Lower Plaza, Contract No. 763 , by and between the Waterloo Water Works and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 15th day of February, 2010 . 4�9 Ernest G. Clark, Mayor ATTEST: IN W uzy S hares, CMC City Clerk a CITY OF WATERLOO Council Communication City Council Meeting: February 1. 2010 Prepared: Tanuary 26, 2010 Dept. Head Signature: Eric Thorson, PE., City Engineer # of Attachments: SUBJECT: F.Y. 2010 RIVER RENAISSANCE LOWER PLAZA CONTRACT NO. 763 Submitted by: Jamie Knutson, P.E.,Associate Engineer Recommended City Council Action: Staff has reviewed this agreement and recommends Council approve this document and authorizes Mayor to sign and enter into said agreement. Summary Statement This is an agreement between the City of Waterloo and the Waterloo Water Works related to the Lower Plaza/Amphitheater Project and water main extension that are to be constructed in the same corridor, in which the parties have interest. This agreement is available in the Clerk's Office if you wish to review it in its entirety. Expenditure Required Source of Funds Waterloo Water Works—water main extension Policy Issue Alternative i Background Information: 1. Waterloo Water Works will pay for the entire cost of the construction of the water main in the proposed corridor. j 2. City of Waterloo will pay for the entire cost of construction of the Lower Plaza/Amphitheater Project in the proposed corridor. i