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HomeMy WebLinkAboutRESOLUTION 2010-184 RESOLUTION NO. 2010-184 RESOLUTION APPROVING CONTRACTS, BONDS AND CERTIFICATES OF INSURANCE FROM PETERSON CONTRACTORS, INC. OF REINBECK, IOWA, FOR THE F.Y. 2010 RIVER RENAISSANCE LOWER PLAZA, IN THE CITY OF WATERLOO, IOWA, BEING CONTRACT NO. 763 . BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract of Peterson Contractors, Inc . of Reinbeck, Iowa, for the F.Y. 2010 River Renaissance Lower Plaza, Contract No. 763 , in the City of Waterloo, Iowa, signed on behalf of the City of Waterloo, Iowa, by the Mayor and the City Clerk as of the 8th day of March, 2010, together with the accompanying bond for the faithful performance of said contract signed by Travelers Casualty and Surety Company of America of Hartford, Connecticut, as surety thereon, be, and the same are hereby approved. PASSED AND ADOPTED this 8th day of March, 2010 . 'y ��'z Erd G. Clark, Mayor ATTEST: Suzy h re , CMC City Cle k a CITY OF WATERLOO Council Communication City Council Meeting: March 2, 2010 Prepared: March 8, 2010 Dept. Head Signature: Eric Thorson, PE., City Engineer # of Attachments: SUBJECT: F.Y. 2010 RIVER RENAISSANCE LOWER PLAZA CONTRACT, BONDS AND CERTIFICATES OF INSURANCE PETERSON CONTRACTORS, INC. Contract No. 763 Submitted by: Jamie Knutson, P.E., Associate En ineer Recommended City Council Action: Approval and signatures of Contracts, Bonds, Certificate of Insurance for the F.Y. 2010 RIVER RENAISSANCE LOWER PLAZA, Contract No. 763. Please return five (5) executed copies to this office for distribution. Summary Statement Transmitted herewith are six (6) copies of each of the Contract, Bond and Certificate of Insurance on the F.Y. 2010 RIVER RENAISSANCE LOWER PLAZA, Contract No. 763, for approval and signatures of City officials. The contract is with PETERSON CONTRACTORS, INC., of Reinbeck, Iowa in the amount of$3,189,424.95. Expenditure Required $3,189,424.95 Source of Funds Vision Iowa, G.O. Bonds Policy Issue Alternative None, required by Vision Iowa Contract Background Information: One phase of overall River Renaissance plan Cc: Louis Starks, Contracts &Grants Coordinator