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HomeMy WebLinkAbout2026-536-10.05.2026.docDocusign Envelope ID: DA28AFD6-2E03-8546-80FA-946F94BA703A Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-542 RESOLUTION APPROVING AWARD OF BID TO PETERSON CONTRACTORS, INC., OF REINBECK, IOWA, IN THE AMOUNT OF $722,851.19, AND APPROVING THE CONTRACT, BOND AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2027 SERGEANT ROAD TRAIL REPAIRS, CONTRACT NO. 1091, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS bids have been received for the FY 2027 Sergeant Road Trail Repairs, Contract No. 1091; and WHEREAS, Peterson Contractors, Inc., of Reinbeck, Iowa, has submitted the lowest responsible bid in the amount of $722,851.19; and WHEREAS, the contract, bond, and certificate of insurance submitted by Peterson Contractors, Inc., have been reviewed and are acceptable. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. The bid of Peterson Contractors, Inc., of Reinbeck, Iowa, in the amount of $722,851.19, for the FY 2027 Sergeant Road Trail Repairs, Contract No. 1091, is hereby accepted and awarded. 2. The contract, bond, and certificate of insurance submitted in connection therewith 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 5' day of October 2026. .—Signed by: —av9n Etese4, 2Mayor ATTEST: ,—Signed by: Kly f F[GOBCO[FBC64AB... Kelley Felchle, City Clerk SEAL { ( - i0. '. ■ r.r.r.rllllllls